Deepwater drilling contractor Transocean has secured a $252 million firm contract at the Shenandoah field in the U.S. Gulf of Mexico for its newbuild ultra-deepwater drillship, the Deepwater Atlas, including a mobilization fee of $30 million. “This award results from the final investment decision of [BOE Exploration & Production LLC (“BOE”)] and the Shenandoah working [&helli
Head of Newfoundland & Labrador Oil & Gas Industries Association demands answers in letter to leaders of five major parties The biggest oil and gas lobby group in Newfoundland & Labrador has written to the leaders of all Canada’s main political parties ahead of net month’s snap election asking how they will support the offshore […]
One of the key highlights of Noia’s annual conference is always the incredible keynote luncheon speakers, and this year is no exception. For conference 2021 we are pleased to have Chris Slubicki, former President, Chief Executive Officer, & Director of Modern Resources Inc. and Bethany Downer, Chief Communications Officer, Hubble Space Telescope and Director of […]
The Kawa-1 exploration well, located on the Corentyne block offshore Guyana, has been spud, using the Maersk Discoverer semi-submersible rig. The Kawa-1 well is located on the Corentyne Block where CGX Energy is the operator and Frontera Energy is its partner. CGX Energy is a Frontera majority-owned subsidiary and its joint venture partner in the […]
Established in 1977, with almost 500 member companies, the Newfoundland and Labrador Oil & Gas Industries Association (Noia) is Canada’s leading offshore petroleum association. Noia core members provide products and services for the petroleum industry and associate members include operators, trade associations, educational institutions, and government bodies. Noia is looking for a dynami
(St. John’s, NL – June 16, 2021) Below is a statement from Noia CEO Charlene Johnson on the announcement this evening that an agreement in principle has been reached for the Terra Nova Floating Production Storage and Offloading (FPSO) Asset Life Extension project. “This announcement is long-awaited positive news for our offshore oil and gas […]
Charlene Johnson Speaking Notes – For Distribution Unifor Local 2121 Terra Nova Support Rally Monday, June 14, 2021 9:00 a.m. Please check against delivery Good morning. Thank you Dave Mercer & Unifor Local 2121 for hosting this rally and allowing me to say a few words. And thank you to each one of you for […]
(St. John’s, NL – June 11, 2021) With the Suncor Energy deadline of June 15, 2021 quickly approaching for a decision on the asset life extension (ALE) project or abandonment of the Terra Nova FPSO, Noia has undertaken an analysis of the financial benefits of the Terra Nova project. Noia engaged Jupia Consultants, led by […]
(St. John’s, NL – June 10, 2021) The following is a statement from Noia CEO Charlene Johnson on today’s updates regarding negotiations about the future of the Terra Nova Floating Production Storage and Offloading (FPSO) vessel. “This situation impacts hundreds of Newfoundlanders and Labradorians who work both offshore and onshore for the operating partners. Those […]
(St. John’s, NL – June 9, 2021) In their review of the Government of Newfoundland and Labrador Budget 2021, many of the leading financial institutions in Canada highlight the significant role the offshore oil and gas industry continues to play, and will play, in bringing needed royalties and revenue into the province. This recognition of […]
