Majors Commit Billions To Develop Canada's Offshore Reserves in Atlantic Reserves in Atlantic

摘要

These are changing times for the offshore oil and gas industry in the two eastern Canadian provinces of Nova Scotia and Newfoundland and Labrador (NFL) along the Atlantic coast. In late 2012, Shell Canada and BP unveiled separate plans for mega investments over the coming few years in Nova Scotia, even as Statoil confirmed last September a discovery in NFL that it termed as the "biggest find outside of Norway" and the "12th largest made globally since 2010."