Published on June 10, 2013
Keith Hutchings announces a donation from the provincial research and development corp. of about $1.7 million for construction and establishment of new oil recovery research facility at Memorial University of Newfoundland. — Photo by Ashley Fitzpatrick/The Telegram
Donations from Hibernia management, provincial research and development company
Not long after celebrating millions in corporate contributions for a new laboratory to study enhanced oil recovery options for the offshore, Memorial University of Newfoundland (MUN) today announced $3 million in additional funding for the same lab.
In an event for donors and university representatives at MUN's St. John's campus, it was announced the Research and Development Corp. of Newfoundland and Labrador (RDC) is providing about $1.64 million to get the lab up and running. Hibernia Management and Develipment Corporation (HMDC) is giving $1.7 million for the lab.
The funding from Hibernia is on top of an $11 million donation previously announced.
"Collaboration between government, industry and academia will continue to support an environment that enhances the competitive advantage of our province," said Keith Hutchings, the minister responsible for RDC, in a statement provided as the event began shortly after 10:30 am.
The new laboratory will be in the Bruneau Centre (former Inco centre). It will require renovations to the building, equipment and staff.
More in tomorrow's print and digital editions.