(St. John’s, NL – June 22, 2020) The Luxus Boutique Hotel, Lounge & Café, a 5-star property located in the heart of downtown St. John’s, has attributed much of its success to the offshore oil & gas industry. Established in 2015, the thriving local economy was conducive to full occupancy and a bustling lounge & […]
(St. John’s, NL, Canada – June 19, 2020) K&D Pratt has expressed grave concern for the economic future of the province without a solid investment from the Government of Canada in Newfoundland and Labrador’s offshore industry. The company fears that many of the supply and drilling companies currently doing business in Newfoundland and Labrador have […]
(St. John’s, NL – June 18, 2020) Noia is embracing the recent commitment of the Government of Newfoundland and Labrador to achieve net zero carbon emissions by 2050. The ongoing efforts of Noia’s members and the industry to reduce its carbon footprint, transition to renewable energy mixes, and protect the environment, complement this commitment. As […]
The aerospace and offshore oil & gas industries have a long history of mutual support in Newfoundland and Labrador. One prominent example is St. John’s based PAL Aerospace, which has grown alongside the offshore oil and gas industry and become a global leader in the aerospace and defence sector. PAL Aerospace’s involvement with the oil […]
Moya Cahill knows the ups and downs in the oil and gas industry. She’s lived them. In the heyday of the Panuke and Sable gas projects, her engineering company had an office in Halifax, as well as offices in St. John’s. Through the 1990s her company provided engineering services during the building of the Hibernia, […]
(St. John’s, NL, Canada – June 15, 2020) PanGeo Subsea was established in 2006 to provide innovative solutions to the offshore oil & gas sector in Newfoundland and Labrador. The company experienced early commercial success with an innovative 3D sub-bottom acoustic imaging technology they developed as a solution for mitigating risks for offshore infrastructure installations [&hellip
Oil publication reports ‘potentially commercial discovery’ in Flemish Pass A report this week in the oil and gas trade publication Upstream has stoked some optimism in the Newfoundland and Labrador oil and gas sector, with a description of another “potentially commercial discovery” in the Flemish Pass Basin. This is raising hopes that the stalled Bay du Nord [&hel
The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) has issued a Call for Bids for Exploration Licences in the Eastern Newfoundland Region. Call for Bids NL20-CFB01 (Exploration Licences, Eastern Newfoundland Region) consists of 17 parcels and a total of 4,170,509 hectares. Interested parties will have until 12:00 p.m. NST on November 4, 2020 to submit sealed […]
The Newfoundland and Labrador Environmental Industry Association (NEIA) is celebrating a recent commitment by the provincial government to achieve net zero by 2050. “This is a significant announcement that will energize the province’s cleantech sector and reduce Newfoundland and Labrador’s contribution to climate change,” said Kieran Hanley, executive director of NEIA. In a
New forecasts show dramatically lower expectations for 2020 capital spending in the oil and gas sector both nationally and in Alberta, the province that produces 65 per cent of Canada’s natural gas and 82 per cent of its oil. The Canadian Association of Petroleum Producers now estimates that $23.3 billion in capital will be invested […]
