THE Newfoundland & Labrador (NL) government in Canada has provoked anger in the province's upstream sector by refusing to allocate funds towards offshore seismic campaigns for 2022, backtracking on a pledge made in writing last year. Over the past decade, seismic players PGS and TGS have worked with the provincial authorities to gather new data across existing and new basins offshore N&L. The resulting data has underpinned acreage offerings that have led to international companies committing to invest over C$4 billion (US$3.14 billion) in offshore activities, according to Newfoundland & Labrador Oil and Gas Industries Association (NOIA), the provincial lobby group. NOIA said it had "recently learned" the St John's-based government is not allocating funding for the 2022 offshore seismic programme. The lobby group expressed disappointment and urged the government to reconsider its decision.
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