Onshore/Offshore Facilities

BP sanctioned development of the Kaskida in 2024, with first oil from the high-pressure project expected in 2029.
Seventeen companies, including four small businesses, were recognized this year for their demonstrated advancements in the industry.
The project partners and the Newfoundland and Labrador government reach agreement over life-of-field benefits, royalties, and an equity option, moving development toward sanction in 2027.

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