Nova Scotia banking on Shell

摘要

NOVA SCOTIA CAUGHT A really big fish earlier this year when the Canada-Nova Scotia Offshore Petroleum Board (C-NSOPB) announced in January that Shell Canada Limited had won a bid to explore on four separate offshore land parcels in return for a $970-million exploratory work expenditures commitment. Shell's expenditure bid is a record for parcels off Canada's East Coast and comes just in time to revive an offshore Nova Scotia oil and gas industry that had started to lag.