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(St. John’s, NL – May 27, 2021) During a recent call with investors, Suncor Energy CEO Mark Little commented on the future of the Terra Nova FPSO and efforts to confirm the Asset Life Extension project of the vessel. Mr. Little stated that a deadline to decide on the project has been set for June […]
(St. John’s, NL – May 18, 2021) The following statement was issued today by Noia CEO Charlene Johnson on the recent passing of Mr. Roy Farrell, former Chair of the Noia Board of Directors. “The Newfoundland and Labrador offshore oil and gas sector recently lost a leader and an industry champion. “Roy Farrell was first […]
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(St. John’s, NL – May 6, 2021) Please find below a statement from Noia CEO Charlene Johnson on the Premier’s Economic Recovery Team report. “I would first like to thank Dame Moya Greene and the entire Premier’s Economic Recovery Team for undertaking a thorough consultation process and review of Newfoundland and Labrador’s financial circumstances. Secondly, [&hel
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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 […]
(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
