ST. JOHN'S, N.L. — The provincial government on Wednesday announced $750,000 in funding for a project led by Score Canada Limited.
Score Canada supplies, installs, inspects and maintains industrial valves for offshore operators. A news release explains that valves are critical to offshore production and are used to control and isolate the flow of petroleum products.
The project by Score Canada will enhance the company’s capacity to bring cutting-edge valve management technologies to the Newfoundland and Labrador oil and gas sector.
“We are very grateful for this financial support from the Government of Newfoundland and Labrador, which will directly contribute to help our operations grow,” said Andrew Stephen, managing director of Score Canada Ltd.
“Through this funding, we are able to hire local graduates and train them with global best practices at our state-of-the-art, custom-built facilities.”
The funding comes through the province’s Innovation and Business Development Fund.
Natural Resources Minister Siobhan Coady said government encourages other local companies to find out more about the fund and its benefits.
Score Canada states the company plans to digitalize its process for offshore valve maintenance to make it more efficient.
“It will allow the company to eliminate manual processes and move all valve maintenance activities to digital processes — ensuring all maintenance will be in real-time,” the news release stated.
“This will ultimately contribute to a safer offshore for workers and the environment.
As a result, the company will hire 15 new skilled positions locally and secure the necessary equipment to expand operations. The new hires are being provided with customized training in valve management, exclusive to Score Canada, which has been developed through decades of experience in leading oil and gas countries across the globe.”
