Top News

C-NLOPB looking forward in Newfoundland and Labrador offshore

Projected calls for bids closing dates in the Newfoundland and Labrador offshore areas. C-NLOPB image.
Projected calls for bids closing dates in the Newfoundland and Labrador offshore areas. C-NLOPB image.

The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) on Wednesday issued calls for nominations of parcels of offshore territory for future bidding in the south eastern Newfoundland region (Sector NL02-SEN) and in the Jeanne d’Arc region.

A news release notes that these calls will assist the C-NLOPB in selecting parcels to be included in subsequent 2021 Calls for Bids, which will close in November 2021, pending board approval and ratification by the federal and provincial governments. Any successful bidders would be awarded licences in early 2022.

The release also states that a Regional Assessment of Offshore Oil and Gas Exploratory Drilling East of Newfoundland and Labrador was recently completed and included extensive stakeholder engagements. 

Pursuant to the assessment, on June 4, the federal government announceda ministerial regulation aimed at improving the efficiency of the assessment process for oil and gas exploration drilling projects in the relevant part of the Canada-Newfoundland and Labrador offshore area, while at the same time protecting the environment.

The C-NLOPB said it respects the importance of both the fisheries and petroleum sectors, and will continue to engage with fisheries stakeholders and Fisheries and Oceans Canada (DFO) throughout the land tenure process

Did this story inform or enhance your perspective on this subject?
1 being least likely, and 10 being most likely

Recent Stories