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Monday, Jan 25th, 2021

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C-NLOPB Awards “Significant Discovery” Licence to Equinor

The province’s offshore regulator has issued a Significant Discovery licence to Equinor for the Harpoon O-85 exploration well. The recoverable oil volume from the Harpoon discovery is estimated at 40-million barrels. The Canada-Newfoundland and Labrador Offshore Petroleum Board’s interpretation of well and seismic data has resulted in an update to its reserves and resources table. [&he

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Provincial Government Announces Support for Hibernia

The Honourable Andrew Furey, Premier of Newfoundland and Labrador, today announced support for the Hibernia Project – the second proposal to be funded under the Oil and Gas Industry Recovery Assistance Fund. Premier Furey was joined virtually by the Honourable Andrew Parsons, Minister of Industry, Energy and Technology; the Honourable Seamus O’Regan, federal Minister of […]

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