Maersk Drill Rig

Offshore Drilling

About five percent of Canada’s oil production and one per cent of gas production happens offshore of Newfound and Labrador and Nova Scotia.

Offshore projects produce an estimated 220,000 barrels of oil and one trillion cubic feet of natural gas every day in Atlantic Canada and there is currently pressure for increased offshore drilling.

Latest News about "Offshore Drilling"

Canadian taxpayers on hook for $61 million for road to open up mining in Arctic 

A proposed road connecting Yellowknife to the Arctic Coast — cutting deep into caribou calving grounds while crossing 640 kilometres of thawing permafrost — has...

Continue Reading