Tag Archives: Dwight Ball
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N.L., Equinor announce $6.8B offshore deepwater oil project
Newfoundland and Labrador and Equinor Canada have announced an agreement to develop the Bay du Nord oil project — the first remote, deepwater project in the province’s offshore. The province is buying 10 per cent of the project, which should bring in $3.5 billion in government revenues and will cost $6.8 billion to develop. “Today marks the global recognition of Newfoundland and Labrador as a preferred location for deepwater production,” said Premier Dwight Ball Thursday morning.,, Ball was joined by Natural Resources Minister Siobhan Coady and Unni Fjaer, a vice-president with Equinor Canada — previously known as Statoil. >click to read<14:17
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FISH-NL reiterates call for province to allow in outside buyers in light of shrimp fiasco on Northern Peninsula
“Inshore harvesters are blocked from earning the best possible price for their shrimp by a pricing system that doesn’t work for them,” says Ryan Cleary, President of FISH-NL. “The situation is a mess, with harvesters warning of ‘war on the water,’ and it’s time for the province to get off its arse.” Inshore harvesters on the Great Northern Peninsula are reporting catch rates of shrimp in the Gulf of St. Lawrence to be “as good as they’ve been in their lifetimes,” but an unfair price is keeping 8-10 boats in communities like Port aux Choix and Port Saunders tied to the wharf. >click to read<10:47