Offshore Canada oil development gains momentum

30 Aug 2017   Canada

French energy services company TechnipFMC said it would work with Canadian company Husky Energy to develop the reserves off the eastern Canadian coast. TechnipFMC will supply and install some of the subsea components that will connect to the West White Rose floating, production, storage and offloading vessel. Husky will use that facility to tap into the field about 200 miles off the coast of Newfoundland and Labrador in shallow waters. Husky in May announced its decision to move forward with the West White Rose development using the Sea Rose FPSO. The company said the project will cost about $2.2 billion to start production, which is expected in 2022 and have a peak rate of around 75,000 barrels per day. The first discovery […]

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