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(St. John’s, NL – May 3, 2021) On Friday, Suncor Energy issued Expressions of Interest (EOI) related to the Terra Nova Floating, Production Storage and Offloading (FPSO) vessel located on the Terra Nova offshore field. Two EOIs prepare for decommissioning of the FPSO and the field and another provides an update to a previous EOI […]
My last blog focused on moving forward together. Building upon that important theme, this month I would like to focus on some of the good things happening in our offshore that will benefit the industry for years to come. After months of disheartening announcements about delays, cancellations, and general upheaval, it is encouraging to see […]
(St. John’s, NL – April 30, 2021) Yesterday, the Government of Newfoundland and Labrador released the Oil and Gas Industry Recovery Task Force Report which contains 52 recommendations pertaining to the Newfoundland and Labrador offshore oil and gas industry. While Noia is currently reviewing the recommendations, the association is initially pleased with the recommendations and [&hellip
NLIS 5 Executive Council Industry, Energy and Technology April 28, 2021 Government Releases Oil and Gas Industry Recovery Task Force Report The Provincial Government today released the Report of the Newfoundland and Labrador Oil and Gas Industry Recovery Task Force (Task Force). The report was submitted to the Honourable Andrew Furey, Premier of Newfoundland and […]
“We have issued a Drilling Operations Authorization today to CNOOC Petroleum North America ULC, to enable exploration drilling to commence in the Canada-NL Offshore Area, utilizing the Stena Forth drill ship. The authorization is valid until September 30, 2021.” —- Issued by C-NLOPB via social media on Tuesday, April 27, 2021.
US supermajor expects to add additional volumes to discovered resources of 9 billion barrels of oil equivalent ExxonMobil is set to push recoverable resources at its prolific Stabroek block offshore Guyana beyond 9 billion barrels of oil equivalent after the US supermajor and its partners in the tract unveiled yet another discovery. Waters off the […]
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UK-based global energy consulting group Wood Mackenzie says Guyana is in a unique position as the world’s newest major oil producer. Other oil- and gas-dependent producers are contemplating the threat posed by the energy transition to their economy. Guyana’s oil, only just being commercialised, promises to transform the nation’s wealth. Guyana’s oil fields are prodigious. [
