Header Menu: Top-Right


Commodity Pricing


Month: January 2021

Drilling approvals, Equinor build-up a double-boost for struggling N.L. offshore industry

Pandemic reduced investment in offshore, but industry believes situation will improve The federal approval of three offshore exploration projects and a consolidation of Equinor’s Canadian operations in St. John’s is being viewed this week as a double-boost for a struggling offshore oil and gas industry. “It’s welcome news on both fronts,” Jim Keating, acting CEO [&hel

Read More

Noia Submission to Ocean Noise Strategy for Canada: Discussion Document January 2021

Introduction The Newfoundland and Labrador Oil and Gas Industries Association (Noia) was founded in 1977 to represent the supply and service sector of the offshore oil and gas industry. Today, Noia represents approximately 460 member organizations worldwide involved in, or who benefit from, the oil and gas industry of Newfoundland and Labrador. Noia members are […]

Read More

The Government of Canada announces Environmental Assessment Decisions for three offshore exploration drilling projects

The Government of Canada is working to protect the environment while growing the economy and creating good jobs for Canadians. Today, the Minister of Environment and Climate Change, the Honourable Jonathan Wilkinson, announced that the proposed BHP Canada Exploration Drilling Project, Central Ridge Exploration Drilling Project and West Flemish Pass Exploration Drilling Project can proceed. [&helli

Read More

C-NLOPB Awards “Significant Discovery” Licence to Equinor

The province’s offshore regulator has issued a Significant Discovery licence to Equinor for the Harpoon O-85 exploration well. The recoverable oil volume from the Harpoon discovery is estimated at 40-million barrels. The Canada-Newfoundland and Labrador Offshore Petroleum Board’s interpretation of well and seismic data has resulted in an update to its reserves and resources table. [&he

Read More

Newfoundland and Labrador’s offshore energy and environment sectors unite to pursue clean tech opportunities

(St. John’s, NL – January 7, 2021) The Newfoundland and Labrador Environmental Industry Association (NEIA), Noia, and the Oil and Gas Corporation of Newfoundland and Labrador are working together to accelerate awareness and the pursuit of clean technology opportunities in Canada’s offshore oil and gas industry. The organizations formed a joint committee in 2019 to work [&hel

Read More