Noia conference: Day 1

Updates from Suncor Energy, Nalcor Energy and ExxonMobil

Published on June 18, 2014

Formal presentations begin today at the 2014 Noia conference — the premier meeting of representatives from the offshore oil and gas industry in Canada.

Social events aside, the conference’s main sessions are centred on the discussion of hot topics, consideration of challenges for offshore developments and offerings from relevant policy makers — all happening at the St. John’s Convention Centre between now and end of day Friday.

Newfoundland and Labrador premier Tom Marshall will offer opening remarks at the main event.  

It is expected he will speak to changes in the offshore land tenure system and ongoing investment by provincial Crown corporation Nalcor Energy into early exploration offshore, all encouraged by the reigning Progressive Conservatives, with the aim of spurring more oil and gas exploration in the province.

After Marshall’s address will come well-known politician and Newfoundland and Labrador’s former Lt-Gov. John Crosbie, who was eyes-deep in determining the future of Newfoundland and Labrador’s offshore oil and gas industry in the 1980s, with the signing of the Atlantic Accords. Crosbie is expected to offer memories of that time and reflect on challenges facing the industry.

Crosbie has wrapped up a stint as a columnist for The Telegram, but offered similar thoughts during that time, throwing in — as is expected today — his opinions on current issues facing the local industry. Those columns included a two-part series first published in November 2013 and potentially of interest for conference-goers: “Hibernia: What’s at stake” and “A province buoyed by oil.”

William Medvei, a senior analyst at Wood MacKenzie, is scheduled to follow Crosbie at Noia 2014 and present on “Future trends and directions” for the offshore industry.

Conference delegates will be treated to a luncheon talk from Rick Mercer, star of The Rick Mercer Report.

The day is scheduled to also, and not least of all, include updates on the planned and ongoing activities offshore eastern Canada for: Suncor Energy, Nalcor Energy and ExxonMobil Canada.

Chair of the Canada-Newfoundland and Labrador Offshore Petroleum Board, Scott Tessier, is scheduled for the first day of conference presentations.

The Telegram is carrying full conference coverage and will have more from the convention centre floor later today.

Follow our coverage on Twitter at #Noia or @StJohnsTelegram and through reporter @TeleFitz.