Collaboration is key in moving the Newfoundland and Labrador offshore oil & gas industry forward, especially within the new normal of our world and the global economy. Recognizing this, the 2021 Noia Oil & Gas Conference will include a session on collaboration in the Newfoundland and Labrador offshore oil and gas industry. Titled Collaboration in […]
ST. JOHN’S, NEWFOUNDLAND, April 19, 2021 /GLOBE NEWSWIRE/ — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company, is pleased to announce that it has acquired 13 Robotics Ltda of Brazil (“13R”). The 13R team, with offices in Rio de Janeiro and Salvador, Brazil, consists of software developers and engineers who have significant experience […]
Canadian oil sellers are sending exports to the U.S. West Coast, an unexpected move prompted by the staggered global demand recovery from the pandemic. For the second time this month, a tanker will load crude from eastern Canada’s oil-rich Newfoundland province and head to the U.S. West Coast, shipping fixtures compiled by Bloomberg show. The […]
The Stena Forth rig set to drill up to two wells in the Newfoundland offshore is currently sitting off Bay Bulls. It’s one of the few encouraging developments in the local oil and gas sector. Local industry consultant Rob Strong says CNOC—or the China National Oil Company—will be conducting the only exploration activity in the […]
WASHINGTON — Canada is growing ever more reliant on imported American oil, a new report from the country’s energy regulator suggests, putting a counter-intuitive spin on the fierce debate about cross-border pipelines and energy independence. The United States provided nearly four out of every five barrels of imported crude in 2020, a year when global […]
Vice-Chair Christian Somerton (Acclaimed) In his role as Executive Vice President – Services, Maintenance and Marine at Pennecon, Christian is responsible for our technical services, hydraulics, maintenance, marine base, and warehousing teams across Atlantic Canada. Christian began his career at Pennecon in 2007, since then he has worked with oil and gas operators, tier 1 […]
Bids for 10 blocks offshore gas-rich Labrador to be submitted by year-end, but other rounds set for 2021 are cancelled Bidders for acreage offshore gas-rich Labrador on Canada’s east coast will be able to submit their offers by the end of this year, five years after the licensing exercise kicked off. In November 2016, the […]
Nominations are now open for Noia’s 2021 Board of Directors Click here for a list of nominees Positions Available Vice-Chair Treasurer Director (3 Positions)* * As per Section 4.11 of Noia’s by-laws: (j) At least one director representing a person Located and Engaged in Business in the province in accordance with section 3.9 that employs […]
ST. JOHN’S, NEWFOUNDLAND, April 9, 2021 /GLOBE NEWSWIRE/ –Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company, is pleased to announce that it has entered into a non-binding letter of intent (the “LOI”) dated April 8, 2021 in connection with the proposed acquisition of PanGeo Subsea Inc. (“PanGeo”) from Cahill Innovation Inc, a member [&
Call for Bids in Labrador South Region In November 2016, the Canada‐Newfoundland and Labrador Offshore Petroleum Board (C‐NLOPB) issued a Call for Bids NL16-CFB03 (Labrador South Region). This Call for Bids consists of 10 parcels and a total of 2,294,340 hectares. In August 2017, the C-NLOPB issued an update to advise that the close of […]
