Newfoundland and Labrador
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Natural Resources Minister Siobhan Coady says the government is open to the idea of an independent safety regulator for the province’s offshore oil and gas industry but is not currently working toward implementation.
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A shut-in subsea flowline is believed to be the source of the spill on Husky Energy’s SeaRose FPSO offshore Newfoundland and Labrador. The spill is believed to be the largest in the history of the Canadian province.
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The deal gives Equinor exploration parcels in the prolific Jeanne d’Arc Basin, near its existing discoveries offshore Newfoundland and Labrador.
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