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Noia Fall Seminar 2018

Preparing for our Offshore Potential

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Do You Know ...?

Rising 224 metres from the seabed, the Hibernia platform tips the scales at 1.2 million tons and is believed to be the biggest known object ever towed. Time Magazine dubbed it "the eighth wonder of the modern world".

Each year, hundreds of icebergs drift offshore Newfoundland & Labrador. Oil & gas companies have an extensive iceberg-management program to detect icebergs and track their movement. If necessary, an iceberg can be "lassoed" with a cable or net to change its direction, or water cannons can be used to nudge it to a different course.

The Guinness Book of World Records calls the Grand Banks the foggiest place on earth with 40 percent fog coverage in winter and up to 84 percent in some summer months. It is home to the Hibernia, Terra Nova and White Rose fields.

Newfoundland and Labrador's oil & gas industry is considered world-class and is home to local offices of many multinational oil & gas and supply & service companies. In 2013, Newfoundland and Labrador produced 25% of Canada’s total light conventional crude oil production.