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Thursday, Oct 22nd, 2020

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Drilling contract seen as an N.L. oil industry win following a series of pandemic setbacks

Chinese company ‘very interested’ in province’s new exploration incentive program, says energy department The province’s oil and gas association is heralding a new drilling contract in the Flemish Pass as a rare victory for the struggling Newfoundland and Labrador offshore oil industry. CNOOC Petroleum North America is set to create a single exploration well in […]

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Change in the wind? Port of Argentia has deal with Alberta company to explore Newfoundland’s wind-farm potential

CEO says move part of a strategy to diversify local economy ARGENTIA, N.L. — Port of Argentia is hoping its strong southwest winds can convince an Alberta energy company to invest millions of dollars in the local economy. On Monday, the organization announced the signing of a memorandum of understanding (MOU) with Clem Geo-Energy Corp. […]

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Stena Drilling Announces Contract with CNOOC Limited for Offshore Newfoundland and Labrador

Stena Drilling are pleased to announce that a contract has been signed with #CNOOC Petroleum North America ULC, utilising Mobile Offshore Drilling Unit (MODU) #StenaForth. The drilling program shall be a one (1) well campaign lasting approximately 90 days offshore #newfoundlandandlabrador in the #FlemishPass. #StenaForth shall mobilise to #Canada with an estimated commence

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Members and Terms of Reference Announced for the Oil and Gas Industry Recovery Task Force

Executive Council Industry, Energy and Technology October 15, 2020 The Honourable Andrew Furey, Premier of Newfoundland and Labrador, and the Honourable Andrew Parsons, Minister of Industry, Energy and Technology, today announced the members and terms of reference for the Oil and Gas Industry Recovery Task Force. Task force members, who are working on a volunteer […]

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