Business news - 19 April 2017

While western Canada may see a supply increase of nearly 1 million bbls of crude by 2020 due to current pipeline projects, this could put pressure on its already constrained pipeline system.

Plains All American Pipeline is conducting an open season for a crude oil pipeline, which has the potential to add up to 350 000 bpd of Permian Basin pipeline takeaway capacity.

TechnipFMC and DOF Subsea have announced the delivery of the Skandi Búzios pipelay vessel and the commencement of a contract with Petrobras.

Pembina Pipeline Corporation is set to release its 1Q17 results on 4 May. The company will also hold its annual general meeting of shareholders on 5 May.