NL offshore oil

Four years ago, NL was engaged in months of handwringing over whether the Government of Canada would permit Equinor’s Bay du Nord offshore oil...

Bay du Nord stands out due to its substantial reserves, with initial estimates indicating at least one billion barrels of recoverable resources.

In the current geopolitical climate, Europe cut off from Russia’s Nord Stream Pipelines, an engaged Premier and Minister might have been expected to call together offshore operators with reserves of natural gas on a commercial scale.

NL can now see for themselves the strategy that the Feds plan to employ to kill the offshore oil industry in the province.

We’ve been told that the drop dead date for the sanctioning of the refit for the Terra Nova FPSO is June 15th and that the decision must be unanimous among the partners. Every indication is that there isn’t unanimity and that the likely result will be that the refit will not go ahead and the field will be decommissioned and abandoned.

Guest Post by Cabot MartinThe recent Opinion piece on our offshore natural gas resources by journalist Ian Esau in the international publication Upstream (reprinted in Uncle...

Guest Post by Cabot Martin Uncle Gnarley is a fine fellow.  I was supposed to do a piece on one of my favorite issues – why an law...

True to form, Premier Dwight Ball and Natural Resources Minister Siobhan Coady have joined NOIA in a new crusade to have the Government of Canada ante...