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.
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...