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Vol. 21, No. 47 Week of November 20, 2016
Providing coverage of Alaska and northern Canada's oil and gas industry


Keeping the faith in Newfoundland

Industry hopes continued bidding for rights offshore points to ‘probable renaissance’; two latest rounds attracted almost C$2B

GARY PARK

For Petroleum News

Canada’s East Coast has been bucking the trends that dominate most other global offshore regions with major players committing almost C$2 billion over the past year to secure drilling rights. Following a record bidding round of C$1.2 billion a year ago, offshore Newfoundland attracted another C$758....


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