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Monday, Aug 2nd, 2021

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Green light for Equinor’s $2.2 billion project in North Sea

Equinor’s plan for development and operation (PDO) of the Breidablikk field in the North Sea has been approved by Norwegian authorities. Equinor and its partners Petoro, Vår Energi, and ConocoPhillips Skandinavia submitted the development plans for the area to the authorities in September 2020. The estimated recovery from the field is around 200 million barrels […]

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Provincial Government Announces Implementation Committee for the Oil and Gas Industry Recovery Task Force Recommendations

The Honourable Andrew Parsons, Minister of Industry, Energy and Technology, today announced the establishment of a committee of industry experts to provide implementation oversight and ensure that the recommendations of the Oil and Gas Recovery Task Force (task force) are addressed. Committee members include: Nena Abundo, Department of Industry, Energy and Technology); Paul Barnes, CAPP; […

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Nalcor Energy to be no more: Crown corporation being folded into N.L. Hydro

Newfoundland and Labrador’s Crown corporation Nalcor Energy, the body that oversees the controversial Muskrat Falls hydroelectric project, is being dismantled and folded into Newfoundland and Labrador Hydro. Premier Andrew Furey made the announcement at a noon media conference Wednesday, joined by N.L. Hydro president, Nalcor interim CEO Jennifer Williams, and Energy Minister Andrew Parsons.

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