Offshore
News
April 23, 2025
Energy NL is providing details on responses received from two of the major federal parties regarding the development and prioritization of Newfoundland and Labrador's energy sector. The response follows Energy NL's letter sent last month to all three parties.
News
April 21, 2025
“The entire Newfoundland and Labrador energy industry is mourning the loss of Mr. Rob Crosbie, an industry titan who played a leading role in starting the offshore oil and gas industry and forming the energy industry advocacy association Energy NL," said CEO Charlene Johnson.
News
April 11, 2025
Energy NL, Canada's energy industry association, has issued a statement with details on its Budget 2025. CEO Charlene Johnson announced $90 million to be allocated over three years for offshore oil and gas exploration.
News
April 03, 2025
Kongsberg Maritime has secured a contract to supply an integrated package of equipment for a new Offshore Support Vessel (OSV) being built for ship owner DOF. The vessel will operate offshore Newfoundland, known for its harsh environmental conditions.
News
March 10, 2025
A Poland shipyard has ordered 6 × MAN 12V175D high-speed variable speed engines in connection with the construction of an OSV (Offshore Support Vessel) for DOF. Named ‘Sea Dragon’, the OSV is set to assist operations off the coast of Newfoundland, Canada.
News
February 14, 2025
Energy NL joins members of the energy sector in remembering the tragic sinking of the Ocean Ranger on Feb. 15, 1982. “Reflecting on the 43rd year since the tragic loss of 84 crew members of the Ocean Ranger, we are once again reminded of the harsh realities of working offshore," said Charlene Johnson, Energy NL CEO.
News
December 02, 2024
Energy NL has announced its full support of Premier Andrew Furey's statement which maintains the federal emissions cap regulations must respect the Atlantic Accord and the principle of joint management.
News
October 07, 2024
McDermott has secured an engineering, procurement, construction, and installation (EPCI) contract from QatarEnergy LNG for the North Field South (NFS) offshore pipelines and cables project.
News
May 02, 2024
(WO) — The agreement provides a contractual framework for earlier and closer engagement throughout the project cycle to unlock more value from complex projects, and work commences immediately with maturation of the subsea scope for the Wisting and Bay Du Nord projects off Newfoundland and Labrador, Canada.
News
May 01, 2024
The sole criterion for selecting a winning bid will be the total amount of money the bidder commits to spend on exploration of the parcel during Period I (the first six years of a nine-year license). The minimum bid for the parcels offered is $10,000,000 in work commitments.
News
February 04, 2024
The recoverable oil volume for the Cambriol G-92 discovery is estimated to be 340 MMbbl.
News
November 27, 2023
Suncor Energy announced that the Terra Nova Floating, Production, Storage and Offloading (FPSO) vessel has safely restarted following the completion of the Terra Nova Asset Life Extension project. Production is expected to ramp up over the coming months.
News
September 25, 2023
Ted Howell served as President and CEO of then Noia (now Energy NL) from 2006 to 2007. Ted remained connected to the offshore oil and gas industry throughout his career, which included working within the energy and financial sectors.
News
May 31, 2023
“We have seen this before and come through the other side. We will do so again. Our members will continue to prepare and show, as a sector, that we are ready to play a leading role in one of the world’s lowest carbon energy projects," said Charlene Johnson, Energy NL CEO.
News
May 31, 2023
The project to develop an oil field about 500 kilometers (311 miles) off Newfoundland’s coast has “experienced significant cost increases” in recent months, the company said.
News
April 04, 2023
During the FEED engineering, KBR will continue to help Equinor develop one of the lowest carbon emitting FPSO's in the world, using an onboard combined cycle power system and the latest technology to minimize the number of crew onboard and maximize digital solutions.
News
March 29, 2023
QatarEnergy entered into a farm-in agreement with ExxonMobil Canada for two exploration licenses offshore the province of Newfoundland and Labrador in Canada.
News
November 18, 2022
A milestone many never imagined feasible for the Hibernia project, the initiative that helped revolutionize the economy of Newfoundland and Labrador and created the province's oil industry, is commemorating 25 years of oil production.
News
November 03, 2022
The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) announced five successful bids of $238 million for offshore parcels in the Eastern Newfoundland Region by Canadian units of BP, ExxonMobil and Equinor. No bids were received for the South Eastern Newfoundland Region
Article
September 2022
The price is here. Drilling is up. But the outlook remains uncertain, as Canada wrestles with climate policies that do not align with the realities of demand, global markets, and security of supply.
Article
August 2022
Buoyed by four reliable producing fields, another under development and one close to FID, along with seismic data indicating potential for additional significant finds, the Newfoundland and Labrador offshore sector is poised for noticeable growth over the next few years.
