Newfoundland and Labrador excel as center for oil-and-gas-related Arctic R&D

摘要

As regards various oil and gas provinces worldwide, the Canadian province of Newfoundland and Labrador (NL) is a special place. It has enjoyed an unbroken string of four major offshore development projects (Fig. 1), dating back to the first field, Hiber-nia, for which exploitation began in earnest in the early 1990s. And even as the global upstream industry suffers through its worst downturn since the mid-1980s, a solid level of activity continues offshore NL and in St. Johns, the provincial capital, thanks to the long-term nature of the area's projects.