Trudeau defends decision, says measure will protect the Arctic from an oil spill under sea ice.
Protesters on land and in kayaks will try to block Shell’s Polar Pioneer drill ship this weekend in a “Festival of resistance.”
Rig was manoeuvring for offshore well maintenance at the time of the accident.
Contract will generate $20 million in revenue for HNZ Group Inc., the Montreal-based owner of Canadian Helicopters.
Both companies requested more clarity from the board before committing huge amounts of money in exploring Arctic waters.
That’s despite the fact that legislation doesn’t call for an independent safety agency.
Research will try to convince energy companies there are undiscovered pockets of hydrocarbons off the province’s shores.
The project southeast of Hong Kong taps into three offshore fields, using shared infrastructure to produce the gas.
Stale Tungesvik says rising costs are making companies picky about the energy projects they take on.
Spokeswoman says it will be a couple of weeks before the offshore platform is producing a steady flow of gas.
Shell has spent more than $5 billion on developing Alaskan offshore drilling activities.
Fraser Institute says exploring offshore drilling in the Queen Charlotte Basin would have significant economic benefits to the province and Canada.
Company can’t drill until its containment barge is in place.
Operations onboard the offshore rig have been suspended pending investigation.
The company’s six-year exploration agreement is the largest exploration rights bid in Atlantic Canada.