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Qatar Energy partners with ExxonMobil to explore offshore Newfoundland

In another signal that Newfoundland and Labrador's oil and gas industry has rebounded from a pandemic-induced slump, there's news this week that a new player has entered the offshore oil sector.

E&P International Highlights (Week of Sept 13, 2021)

E&P International Highlights (Week of Sept 13, 2021)
hartenergy.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hartenergy.com Daily Mail and Mail on Sunday newspapers.

Norwegian oil company to quit Alberta, focus on offshore activities in Atlantic Canada

Article content CALGARY – Norway’s Equinor ASA is decamping from Calgary and moving staff across the country to St. John’s as the company is no longer interested in Western Canada’s oil and gas opportunities and will focus on offshore projects in Atlantic Canada. “The decision to consolidate offices was made to improve organizational efficiencies in our Canadian business and align with our updated Canada business strategy,” Equinor Canada Ltd. spokesperson Alex Collins said in an emailed statement, adding the company is also laying off about 30 per cent of its 120-person Canadian workforce. We apologize, but this video has failed to load.

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