Nova Scotia delays call for offshore oil and gas exploration bids

From CBC
The following text was excerpted from the media outlet cited on May 23, 2018 and is provided to Noia members for information purposes only. Any opinion expressed therein is neither attributable to nor endorsed by Noia.

'The timing isn't necessarily great for industry,' says Business Minister Geoff MacLellan

The Nova Scotia government is delaying its call for offshore oil and gas exploration bids until later in 2018, Business Minister Geoff MacLellan said Wednesday.

"The timing isn't necessarily great for industry. To come out with this in the summer and conclude in early fall probably wouldn't be the most beneficial for the process of that call being answered by the private sector in oil and gas."

MacLellan emphasized that the decision was only made in order to issue the call for bids at a more opportune time of year.

Continue Reading