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"

Tailings dam failures linked to hefty bonuses for mine managers: report

Generous bonuses for mine managers, rewarding them for cutting costs or increasing production, are linked to tailings dam failures, a new research paper has found....

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