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 […]
The provincial government is still seeking incentives to help stimulate exploration in the Newfoundland offshore. This week the federal government announced that offshore exploration wells will be moved to a regional environmental assessment process through the impact assessment agency, greatly reducing the amount of time for approval. That still falls short of the incentives those […]
Federal Natural Resources Minister Seamus O’Regan says a federal exemption of exploratory wells in the province’s offshore oil and gas industry will ensure the industry is competitive after the COVID-19 pandemic. Federal Environment Minister Jonathan Wilkinson introduced the exemption on Thursday. The move means exploratory drilling in a specific area of the province’s offshore i
The following is a statement by Noia CEO Charlene Johnson on the regulation for the regional assessment for offshore Newfoundland and Labrador. “Noia would like to thank the governments of Newfoundland and Labrador and Canada, particularly Premier Ball and ministers Coady, O’Regan and Wilkinson, as well as the Regional Assessment Committee, for their work to […]
