PSAC In The News


PSAC_L(RGB) Pipeline Project Approvals Welcome News for Struggling Oil and Gas Services Sector – November 30, 2016
PSAC_L(RGB) PSAC Forecasts 4,175 Wells Drilled in 2017; Minor Rebound from 2016’s Levels Anticipated – November 2, 2016
PSAC_L(RGB) Pacific NorthWest LNG Project Approval A Positive Signal for Beleaguered Oil & Gas Services Sector – September 28, 2016

Significant Implications for Workplace Safety from Legalization of Marijuana Use – August 31, 2016

No change to PSAC’s 2016 Drilling Activity Forecast: Lack of Tidewater Access Prolongs Oil-patch Woes – July 28, 2016

Over $15,000 Raised by the Petroleum Services Sector to Support Post-secondary Education – July 22, 2016

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Canadian oilpatch looks to Mexico for new business – June 7, 2016
“There is definitely a desire. Mexico is shaping up very nice,” said Mark Salkeld, with the Petroleum Services Association of Canada. “You get into downturns like this and our member companies start looking international.”

Petroleum Sector comes to Ottawa – CPAC interview with PSAC President and CEO, Mark Salkeld – June 2, 2016
(Brief mention in introduction, complete interview starts at 31 minute, 55 second mark.)

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PSAC Hand Delivers Job Creation Message to Ottawa – June 2, 2016

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PSAC Welcomes the NEB’s Approval of the Trans Mountain Expansion Project: Canadians to Benefit from Increased Investment, Tax Dollars and Employment – May 19, 2016

PSAC Conveys Message to Ottawa: Oil and Gas Industry Vital to Canada’s Economy

Last week, PSAC led a 14-member team of its directors, members and employees to Ottawa with a singular focus – speak with one voice about who we are, the importance of the oil and gas services sector in Canada and how government and industry can work together on specific issues to drive investment, put our people back to work, enhance environmental performance and continue to contribute to the economy.

Collectively, PSAC members met with more than 20 Cabinet Ministers, Members of Parliament, Leader of the Opposition, Deputy and Assistant Deputy Ministers, critics from the Conservative Party and other political and senior government staff on our issues.

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How To Do Business in Colombia: Colombia has become one of the continent’s best prospects, with 100-percent stakes in fields for international oil firms on the road ahead – May 9, 2016
Which is why the Petroleum Services Association of Canada (PSAC) sent a delegation there earlier this year to check out the lay of the land. A new free trade agreement between Canada and Colombia and the strong presence of Canadian companies, including Petrominerales, Gran Tierra Energy and Parex Resources “provide[s] an excellent opportunity
for Canadian service companies to boost optimization with drilling and completion technologies,” PSAC president Mark Salkeld says.

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Why Now is the Time for Canadian Energy Firms to Go Overseas: Canadian energy firms have much to offer the world – May 9, 2016
Kodiak and Stream-Flo are exploring overseas opportunities. “The low loonie, the contracting domestic market, the reputation of Canadian technology—driven by world-class regulatory regimes at home—create a powerful pull toward foreign markets.”

PSAC Significantly Lowers Its 2016 Drilling Activity Forecast: No Improvement to Sector Activity or Market Access – April 28, 2016

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How Green Technology is Driving Economic Diversification in Nisku – April 25, 2016
Speaking to more than 100 attendees in March at Alberta Oil’s Energy Services Breakfast in Nisku, Petroleum Services Association of Canada CEO Mark Salkeld said firms that make or sell environmental technology that cuts costs and carbon emissions can increase revenue and slash
operational expenditure. Carbon pricing and royalties that incent producers to cut costs are powerful drivers.

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Canada’s Oilfield Services Sector Cashes In Its Political Capital – April 25, 2016
In what areas do you need to build public confidence?
In regulatory areas, in the system, environmentally and in our ability to do the job. It’s one of those frustrating points… the world has the utmost respect for Canada in how we responsibly develop our energy resources. The whole world knows it except for right here in our own backyard. Oil and gas companies
and governments from other countries are banging on our doors asking for us to help them develop their petroleum resources, because our association members are on the leading edge of that technology and have a great safety track record. (Mark Sakeld, CEO, PSAC)

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PSAC Supports Trans Mountain Expansion Project – April 21, 2016

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“Alliance To Offer More Than Loans To Assist Beleaguered Oilpatch”, PSAC’s Open for Business Networking Event – April 18, 2016
ATB Financial, BDC and EDC have formed an alliance, Partnering to Enhance Access to Capital and Support, to help companies to succeed, grow and diversify with access to capital and loans, business and technical services and expertise, said Mark Salkeld, PSAC president and chief executive officer.

PSAC Updates Well Decommissioning Proposal for Government of Alberta Budget Submission – April 14, 2016

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“Competitive Pricing Leads to ‘Dire’ Outlook for Oilfield Services Sector: PSAC CEO” – April 11, 2016
“It’s very dire,” says Mark Salkeld, president and CEO of the Petroleum Services Association of Canada. “There’s a growing consensus it’s the worst downturn oilfield services sector crisis in the history of Canada.”

Mark Salkeld: Key Panelist at Alberta Oil magazine’s Energy Services Discussion – March 30, 2016

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“Politicians, industry disappointed with no funding for oil well cleanup in budget” – March 23, 2016

“PSAC Responds to 2016 Federal Budget” – March 23, 2016

“PSAC Requests Federal Assistance for Oil & Gas Services Sector” – March 14, 2016

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“PSAC: The Backbone of Canada’s Oilfield Services Industry” – March 2016

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“Alberta’s Taxes Precipitate Fall from Grace Within Oil Industry Circles”, Pipeline & Gas Journal – March 2016
“As the Petroleum Services Association of Canada has demonstrated on multiple occasions, the oilfield services supply chain is much broader than drilling rigs, trucks and construction equipment in the field. It also includes products and services primarily used only in the E&P head office such as software, technology, data processing and business support and professional services.”

“Stars & Spurs gala flies high” – February 20, 2016

“PSAC meets with Prime Minister Trudeau and Alberta Premier Rachel Notley” – February 4, 2016

“PSAC Responds to Royalty Review Announcement” – January 29, 2016

Save the Date - 2
“Hard-hit Energy Services Sector Continues to Champion STARS; More than Half a Million Dollars Raised at PSAC’s 22nd Annual STARS & SPURS Gala” – January 27, 2016

“PSAC Lowers Its 2016 Drilling Activity Forecast: No Improvement to Sector Activity or Market Access” – January 27, 2016






Direct media calls to:
Mark Salkeld
Tel: 403.264.4195