Demand for power generation for drilling and completions, oilfield microgrids, and new data centres is creating a rapidly growing line of new business for U.S. pressure pumpers facing a slowdown in their core completions operations.

At Alberta’s Dec. 3 land sale, strong unit prices were paid for the Charlie Lake at Wembley and a large block of land was purchased at Nipisi for zones deeper than the Clearwater.

With its $50-million infrastructure partnership with Baytex Energy Corp. now operational, Gibson Energy Inc. is looking for similar deals with other operators, president and chief executive officer Curtis Philippon said at its investor day.

Fluor Corporation and its joint venture partner JGC Corporation have completed Train 2 of the LNG Canada Project, marking the completion of the first phase of Canada’s first LNG mega-project in Kitimat, B.C.

Declining capital spending in 2025 is expected to carry over into 2026, with less drilling and completions activity and continued job losses, according to Enserva’s State of the Industry Report.

Pason Systems Inc. announced today that its subsidiaries, Intelligent Wellhead Systems Inc. and IWS USA Corp., have entered into a settlement agreement with Downing Wellhead Equipment, LLC ending all ongoing and pending intellectual property litigation between the parties.

Trican Well Service Ltd. announced the successful expansion and extension of its revolving credit facility (RCF).

B.C.-based Hydron Energy, an innovator in clean fuel and gas separation technologies, has successfully demonstrated production of carbon-negative xenon and krypton production from air.