DEVELOPMENTS

Hebron moves forward & Oil & Gas Industries GBS construction already underway, Association said his members were topsides fabrication later this year looking forward to working toward the next milestones, including a 2017 target ExxonMobil Canada has green lit a for the first oil production. multi-billion-dollar offshore oil project. “NOIA members have a stake in The Canada- and the responsible development of the Labrador Offshore Petroleum Board province’s offshore oil industry that says the Hebron Project contains about enables the local business community 700 million barrels of oil sitting 350 and workforce, as well as the province’s Kathy Dunderdale, Premier of Newfoundland kilometres southeast of St. John’s. capability to grow dynamically with each and Labrador: “Hebron will support jobs, Premier Kathy Dunderdale hailed project,” he said. the economy and strengthens our province’s the January announcement as “great —Jon Tattrie position as an energy warehouse.” news” that will bring thousands of jobs to Newfoundland and Labrador. The decision ensures construction and fabrication of the platform, and commits to future drilling and production of the Hebron field, she said. “Our goal has been to ensure that Newfoundlanders and Labradorians are the main benefactors with respect to our natural resources, and that the development of Hebron maximizes benefits for the people of the province,” she added. Hebron will deliver an estimated $23 billion in revenues and royalties to the government and employ 3,500 people at its peak. Lynn Evans, public and government affairs advisor for ExxonMobil Canada, INCO INNOVATION said it’s good news for the whole province. CENTRE IMAGE COURTESY OF MICHAEL COYNE COURTESY IMAGE “The royalties and taxes generated from the Hebron Project will help fund provincial infrastructure, social programs, and services for the lifespan of the project,” she told Natural Resources Magazine. Evans said significant progress was MUN FIELDHOUSE ITY HALL RARY & C made on detailed engineering in 2012 BLIC LIB OK PU S ER BRO T. JO and they will further that in 2013. CORN HN’S INTE RNA TION “Construction of the gravity-based AL A IRP ORT structure has already begun at the Bull Arm fabrication site, and we anticipate commencing fabrication of the topsides in 2013,” she said. The Hebron production facilities John Hearn Architect Inc. is an will be able to handle the predicted production stream for more than 30 experienced team of innovative years. The Hebron field is second only to design professionals who are actively Hibernia in scale of discoveries in the engaged in a variety of projects province’s offshore. The Hebron Project partners include ExxonMobil Canada across Newfoundland and Labrador. Properties, Chevron Canada Resources, Suncor Energy Inc., Statoil Canada and Feel at home in a Premiere Executive suite, with full kitchens and separate The firm takes pride in its proven Oil and Gas. bedrooms, just like at home.Our 4-star temporary residences are greater in Evans said two of the three modules size than a typical hotel room and are far less expensive. Conveniently commitment to design excellence related to Hebron will be built in located in 38 cities from coast to coast, it’s easy to make yourself at home. and client satisfaction. Newfoundland and Labrador. Email: [email protected] | Toll Free: 1-866-844-1333 | Phone: 902-420-1333 Mike Critch of the Newfoundland PremiereSuites.com

Online extras: naturalresourcesmagazine.com | NR9 DEVELOPMENTS

Kami gets go-ahead Alderon Iron Ore proceeding with multi-billion-dollar project

Reached on a trip to China, Alderon president and CEO Tayfun Eldem said a recent feasibility study on the Rose deposit of the Kamistiatusset property in western Labrador confirmed the technical and economic viability of the project. “It has concluded that we have a technically very sound project with 668 million tonnes of mineable (in-pit) reserves that can be processed into high quality iron ore concentrate through a simple and proven flow sheet,” he said. He said the study yielded robust expected to start commercial production He said it’s the first green fields iron economics, with $3.244 billion in net by the end of 2015. ore development in the province since the present value (NPV at eight per cent The study projects a 30-year mine life 1960s. He expects the project will create discount rate) and 29.3 per cent internal extracting 668 million tonnes of iron 800 jobs during the peak of construction rate of return (IRR). ore. Once processed, the operation will and 500 or more full-time jobs during “It also confirmed the operations can produce about eight million tonnes of operations. attain a competitive cash cost allowing for concentrate per year and generate more It will generate over $7 billion in federal healthy margins against long-term iron than $20 billion in gross revenues. and provincial taxes (direct, indirect and ore pricing,” Eldem added. “The Kami project has additional induced) and contribute over $20 billion He expects construction to start as soon resources which can be converted into to the Newfoundland and Labrador GDP. as they have the requisite environmental mineable reserves later on and this means Alderon is a development company assessment and permits. That should be the mine life can be extended well beyond located next to the mining towns of in the fourth quarter of this year. It will the 30 years envisaged in the feasibility Wabush and Labrador City in Western take two years to build the mine and it’s study,” Eldem added. Labrador. —Jon Tattrie

NR10 | NATURAL RESOURCES MAGAZINE | March/April 2013 DEVELOPMENTS Photo courtesy of Sun Country Highway Ltd.

Free fill-up P.E.I. leading charge on Staying in one of our luxurious new rooms is just one electric-powered cars of the million little things you’ll love about our hotel. In 1912, Thomas Wilby did the first Enjoy free wireless internet, complimentary continental motor tour across Canada. A similar event breakfast, fitness centre and newly renovated restaurant. recently took place when Kent Rathwell Everything you need to take care of business is right at left St. John’s on November 17, 2012 and pulled into Victoria, B.C. 35 days later— your fingertips. without using a single drop of gas. Complimentary airport and heliport shuttle call 753.3500 Rathwell, president and founder of Sun Country Highway Ltd., had driven an all- St. John’s Newfoundland 1.866.612.5600 www.comfortinnstjohns.com electric Tesla Roadster across the longest network of free Electric Vehicle (EV) charging stations in the world—a network that he set up using profits from other successful green initiatives he’s created over the years. Closer to home, in P.E.I., Vicky Edgar has joined the Sun Country Highway Team as a consultant in . She’s grinning ear to ear these days because P.E.I. became the first 100 per cent EV- friendly province in North America last September. “This means that you can travel the entire region in a 100 per cent emission-free vehicle, enjoying the natural beauty without negatively affecting the environment,” she says. Sun Country Highway provided the chargers in partnership with local tourist attractions, non-profits, businesses and municipalities who, in turn, provided space and covered installation costs. There are now 10 of the world’s fastest Level 2 charging stations strategically installed across P.E.I. with more in the works; they are free to use. “This was achieved without requesting financial assistance from the provincial or federal governments. The point in this is to empower average Canadians to implement change,” Edgar adds, “without waiting for government to do it, or waiting for a government handout.” —Sandra Phinney

Online extras: naturalresourcesmagazine.com | NR11 DEVELOPMENTS

Lighting up LED leader expands export markets

Halifax-based LED Roadway Lighting Ltd. (LRL) has been awarded several contracts in the last few months, including one to supply LED fixtures to the city of Sudbury, Ontario, says Ken Kovachik, director of marketing for the company. Last year the Sudbury city council announced its intentions to replace 1,315 older, high-pressure sodium lights with LED lights, a move that will save approximately $91,000 a year in energy costs, says Sajeev LED Roadway Lighting products are designed for street lighting, outdoor areas such as pathways, building exteriors, Shivshankaran, energy manager for the parking areas, bridges and tunnels. City of Greater Sudbury. The Sudbury contract came just over a Salford—located 330 km outside of London, LED lighting is also much more month after the announcement that LRL England, for 24,000 LED street light environmentally friendly, he says. There is would be supplying Nova Scotia Power with fixtures. no lead and no mercury in LED lighting, and up to 85,000 LED fixtures. In October 2012, LED lights are preferable to traditional the lamps are upgradable, with the majority LRL announced a contract with NB Power high-pressure sodium lights for several of parts being recyclable. By comparison, in New Brunswick to provide approximately reasons, including the fact that they’re high-pressure sodium lights usually end up 72,000 LED fixtures. less expensive to run, says Kovachik. The in landfills. The product’s popularity is not limited to company’s Satellite series LED fixtures LRL currently has its products in 32 Canada. Last year LRL was awarded several reportedly yield a 60-to-80 per cent energy countries and employs approximately 200 contracts in other countries, including savings over traditional fixtures, and have people, including 150 at their Amherst one to convert older public lighting in the a life expectancy of 20 years, compared to manufacturing facility. Dominican Republic to more efficient the four- to five-year life of high-pressure —Cathi Stevenson LED lights, and a $24-million contract in sodium lights.

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NR12 | NATURAL RESOURCES MAGAZINE | March/April 2013 Publisher’s Note JUMPING TO THE WRONG CONCLUSIONS

t first glance, this issue appears to indi- Sure, peak production is past — but that’s Fact: the world’s Acate the Atlantic Canadian offshore based on known resources. Exploration here pre-eminent experts scene is waning. Delving deeper, however, is only in its infancy: 569 wells drilled off- in ice detection, sur- reveals an entirely different conclusion. shore Atlantic Canada versus 11,050 offshore veillance and manage- Allow me to explain. North Sea (U.K. portion, does not include ment are in St. John’s, The cover story shows that the Newfound- Norwegian numbers). But our annual oil Newfoundland (PAL, C-Core and Cougar land offshore is past peak production for cur- production is 18.8 per cent of theirs. Natu- Helicopters, among others). If you’re work- rent discoveries. All three of its producing ral gas production here is 12.8 per cent of ing in an ice environment, Atlantic Canada projects, as well as the soon to be developed what it is there. And that’s with only five per has the expertise you need. Hebron field, were discovered between 27 cent of the drilling activity, demonstrating Fact: we have a stable political environ- and 32 years ago. that exploration activity offshore Atlantic ment that appreciates the value the oil and A chart in our Developments section illus- Canada has had a higher success rate to date gas sector can deliver to the local economy, trates that offshore Nova Scotia produces than the North Sea (UK). as well as political and industry leaders who less natural gas per year than offshore New- Regarding the issue of Atlantic Canada’s want to increase exploration activity. Return- foundland reinjects. Exploration is at a vir- suitability as a service and supply base for ing again to our cover story, you’ll read about tual standstill and there can be no more new offshore Greenland and Arctic exploration, the discussions already taking place on that developments without it. well . . . rumours are rumours and facts are very topic. One of our features originated in an oil facts. A half-informed person will erroneously company’s assertion that Newfoundland Fact: Atlantic Canada is physically closer assume that Atlantic Canada’s petroleum and Labrador is too expensive and lacks the to offshore Greenland and Arctic activity heyday is past. Natural Resources read- onshore facilities to make a viable service than either Aberdeen or Norway. It will ers will realize that we’re only just getting and supply base for exploration offshore take twice as long for a U.K. supply ship to started. Greenland. reach Greenland as that same ship depart- All in all, not a pretty scene. But if you ing from Newfoundland. Geography alone keep reading, the bigger picture comes into automatically accounts for significant trans- view — and it’s a much more appealing portation cost savings over a U.K.-based image. supply chain. Hubert Hutton | Publisher DEVELOPMENTS Natural Resources Editorial Advisory Board Checking off the boxes COMMERCIAL Number crunchers last hurdle for OCCUPATIONALRESEARCH & Labrador mega project HEALTH AND SAFETYDEVELOPMENT Preparatory work continues on Tata Steel Minerals of Canada’s massive iron KEYIN COLLEGE St. John’s Campus is proud to offer the Paul Sean ore deposits in Labrador and . Occupational Health and Safety diploma program in Newfoundland The group is a partnership between BARNES KELLY and Labrador. This program was developed in response to the Manager, Manager, India’s Tata Steel and Canada’s New Atlantic Canada Public Affairs Millennium Iron. Dean Journeaux, growing demand for well-trained individuals in the area of health CAPP C-NLOPB president of New Millennium Iron, and safety for safer worksites, stronger safety co-ordination and says they received an interim report on sound safety planning. a feasibility study on the LabMag and KeMag sites at the end of 2012. TOWER“We don’t haveGETS the key parts, which arePOWER the cost,” hePOSITION says. “That’s going to be • PHYSICAL MODELING delayed a bit.” Deirdre Rob Theova engineering Scotia-based side Emerawas found Inc. tois be • NUMERICAL SIMULATION GREENE STRONG feasibleNrevamping and development its executive isteam underway. as it Communications Lead Senior Advisor “We’vegets ready got the to ore,move we’ve forward got thewith port, the the C-CORE Van Oord • RESEARCH & DEVELOPMENT Offshore BV deep-watermulti-billion-dollar dock is underLower construction,” Churchill Journeauxhydroelectric says. project. • CONSULTING TheNancy concentrator Tower, currently is “nailedthe executive down” ST. JOHN’S CAMPUS andvice-president they are investigating and chief financial transportation officer 44 Austin Street options.of “Everything and Nova Scotiais falling Power into Inc., place. 95 Bonaventure Ave., Suite 401, St. John’s, NL St. John’s NL Thewill bigbecome issue Emera’sis always executive how much vice- it’s Telephone 709 722 9060 Telephone:709.579.1061 goingpresident to cost,” for hebusiness says. development. Email [email protected] Facsimile: 709.579.6002 www.oceaniccorp.com Stephen Elizabeth The appointment is It’seffective little Maywonder 1. the E-mail: [email protected] HENLEY WEIR Tower will overseeproject Emera’s is inching partner slowly- www.keyin.com Country Manager President & CEO Theship taconite with Newfoundland along—the and stakes Labra -are OFFSHORE • SHIPS • YACHTS • ARCTIC SUBSEA 7 Efficiency NB depositsdor’s Crown-owned at gigantic. Nalcor The Energytaconite LabMagto execute and the deposits$6.2-billion at LabMag Lower and NR6 | Natural Resources Magazine | March/April 2011 KeMagChurchill are project. KeMag Tower arewill becomeestimated the CEO of Emeraat Newfoundland9.2 billion tonnesand estimatedLabrador. at of resources. “These NRM V22N2 2011.indd 6 2/14/11 10:00:57 PM 9.2In billion another move,are Rickhuge. Janega [It will (exec take]- tonnesutive vice-president of probably and chief aoperating hundred resources.officer of Nova Scotiayears Power)or more is assum at - 22 A REFRESHING BREAK ing the role of president,million tonnesEmera Newa year,”- FROM YOUR BUSINESS foundland and Labrador.Journeaux Janega says. will ROUTINE. report The nextto Tower. step isHis to appointmentcomplete the was study andeffective find asan of investor. late January. Tata Steel has an Last fall, Newfoundland and Lab- Break away from the regular option in what would be a multi-billion business travel routine when investment.rador and NovaTata Scotiacould announceduse half ofthe the signing of a term sheet to proceed with you stay at Courtyard by Marriott deposit, meaning other partners are St. John's. With the right mix of requiredthe hydro for megaproject.the remainder. The A decisionplanned is deal will see Muskrat Falls power services around you, you’ll find expected later in 2013. everything you need to relax and shipped“The problem across the is Gulfpredicting to Nova the Scotia future via subsea cables. Nalcor will be able re-energize. prices of iron ore, which isn’t an easy to avail of Emera infrastructure to sell thing to do. I don’t think anyone can do To reserve your room, excess power to other markets in the it, in fact,” Journeaux says. “But you have call 709.722.6636, Maritimes and northeastern United to base your economics on a sale price, or visit courtyard.com. States. which we’re working on right now.” Emera will fund $1.8-billion of the It will be another four or five years to project’s total estimated $6.2-billion ramp up the project. “Late 2016, 2017 cost. In return, the company will get 20 would be our start-up. These things take per cent of Muskrat Falls power for a a year at least to get up to production period of 35 years, free of charge. That capacity.block represents roughly eight to 10 per cent“We’re of Novamaking Scotia’s good domestic progress. power This is a needs.huge project,Emera will and also a lotpick of upthings 29 per have tocent fall ofin theplace,” transmission he says. “I’minfrastructure optimistic; otherwisewithin Newfoundland we wouldn’t beand working Labrador. on this Rates are per room, per night, based on availability, not available for groups of 10 or more rooms. for so long.” —Jon Tattrie

OnlineOnline extras:extras: naturalresourcesmagazine.com | NR15NR13

NRM V22N2 2011.indd 15 2/14/11 2:31:15 PM DEVELOPMENTS

Powering up Though this arrangement was a one- N.B. company collaborates with former off, Lawrence says it could lead to more competitors collaboration. “There are things they do that we can’t do, and there’s things we A New Brunswick company made a big leap do that they can’t do. We realized some forward recently in designing and supplying synergies that we can all work together, so a new biomass fuel-handling system for a we can collaborate and compete at the same 75-megawatt biomass power plant in the U.S. time,” he says. that will produce enough energy to power The Cate Street Capital biomass power 125,000 homes and businesses fed through plant is still under construction and is the electrical generating grid. scheduled to be completed later this year. Derek Lawrence, sales and estimating The Burgess BioPower plan project is manager of B.I.D. Bulk Material Handling turning a pulp-and-paper mill into the Derek Lawrence, Systems, says they had done most of the bits biomass plant, a $200-million job. The sales and estimating and pieces required for the job before, but mill was demolished, and the plan was to manager of B.I.D. handling the entire project at the Burgess rebuild around the remaining boiler plant. BioPower site was a bold step. B.I.D. did the entire fuel-handling system, Bulk Material “It helps to highlight that we can take on from receiving to delivery of the fuel to Handling Systems, the entire scope and deliver the whole thing, boiler. That included truck dumpers, hog says they had done from stem to stern,” he says. (crusher) screens, conveyors systems and most of the bits To carry off the job in Berlin, New other things. Hampshire, B.I.D. had to change tactics in “That involved quite an elaborate and pieces required its approach to companies like itself. Instead material-handling system,” Lawrence says. for the job before, of competing against its usual rivals, it “It is quite a feather in our cap.” but handling the worked with three of them. The plant will burn 750,000 tons of low- entire project at the “We dealt with some of our competitors grade wood per year. While B.I.D. is done in order to offer the customer a complete its part of the job, construction continues Burgess BioPower system,” Lawrence says. “They were happy and the project is expected to be completed site was a bold step. to work with us, and we were happy to work this year. —Jon Tattrie with them.”

NR14 | NATURAL RESOURCES MAGAZINE | March/April 2013 DEVELOPMENTS

“Customers such as Tech Acquisition Science and Technology Organisation DSTO require Spin-off company snags lucrative (DSTO). This contract is particularly laud advanced sonar intellectual property rights worthy as it has been awarded early in technology to perform increasingly

the Kraken spin-off from Marport with complex, data- St. John’s-headquartered Kraken Sonar a prestigious division of the Australian intensive seabed “ Systems Inc., formerly associated with government that focuses on protecting imaging missions. Marport Deep Sea Technologies Inc., and advancing Australian national Karl Kenny President & CEO recently acquired all intellectual property interests and frequently works heavily Kraken Sonar (IP) rights to the AquaPix® Synthetic with entities such as the Royal Navy. Systems Inc. Aperture Sonar (SAS) technology “Customers such as DSTO require platform from Marport. advanced sonar technology to perform through enhanced performance in terms Kraken executive talent includes increasingly complex, data-intensive of speed, accuracy and range as well as a president and chief executive officer seabed imaging missions,” said Karl lower size, weight, power and cost than Karl Kenny (founder of Marport), chief Kenny. “The AquaPix® InSAS platform conventional technology. technology officer Dr. Mark Pinto and combines significant hardware and A sampling of Kraken’s business chief sonar engineer Sean Chapman. software engineering innovations to interests at various stages of technology Together with their team, they are working create an efficient and extremely effective validation and development include on advanced sonar and acoustic velocity product for leading-edge technology users leading names in the defense and marine sensors for unmanned underwater such as DSTO. We’re truly honoured to industry such as Defense Research and vehicles used in military and commercial have such a prestigious organization as a Development Canada and the U.S Navy applications. Kraken’s products and customer.” Sea Systems Command (NAVSEA) as well technologies also have potential for Closer to home, Kraken recently signed as industry leader Northrop Grumman. civilian markets as this growing market a Contribution Agreement with the Positioned for success with a talented evolves. National Research Council of Canada leadership team boasting considerable A leading marine technology company Industrial Research Assistance Program industry experience in a particularly with contract interests at home and (NRC IRAP). This contract will enable emerging marine and defense market, internationally, Kraken has recently been the Kraken team to develop an innovative Kraken Sonar Systems is a privately- awarded a contract for an AquaPix® sensor for underwater navigation. This held entity worth watching as it grows Interferometric Synthetic Aperture Sonar research and development has the and navigates multiple domestic and (InSAS) system by Australia’s Defence potential to positively impact customers international markets. —Karen Moores

Online extras: naturalresourcesmagazine.com | NR15 DEVELOPMENTS

Full throttle almost five hundred thousand dollars to It’s full sale for boat builder with refit the New Brunswick ferry, William Pitt Hammerhead contract II. The work was completed in December and the ferry will be back in service in the A. F. Theriault and Son Ltd. (AFT), a spring of 2013. The William Pitt II is a cable privately-owned boatyard in Meteghan ferry with a 24-car capacity that crosses River, Nova Scotia will complete an order the Kennebecasis River in southern New for 56 Hammerhead vessels in March. Brunswick. It was badly damaged in 2008 This is just one in a long a list of contracts after breaking free of a towing cable while that demonstrates why the privately owned on way to a refit and running aground in business has come to be known as one of the Nova Scotia. most diverse boatyards in Canada. Current projects the boatyard is working The Hammerheads—unmanned boats on include a 20.11 m fiberglass/composite used for military exercises, are for Meggitt longliner for ALS Fisheries in Sambro, Nova Training Systems Canada, in . Scotia and a 9.11 m fiberglass/composite Hammerheads can be deployed at sea or RIB (rigid inflatable boat), for Rosborough from land and are operated by a target control Boats in Beechville, Nova Scotia. station. In 2010, Meggitt conducted the world’s Theriault says the company gets steady first large-scale ‘swarmex’ demonstration— business due to diversification, and always the simulation of a swarming by fast attack being open to new ventures. Founded in boats, using 16 Hammerhead boat targets 1938, AFT originally built wooden sail- at the Canadian Forces Base in Esquimalt, ing ships. Today, they build state-of-the- . Prior to this exercise, there art workboats, pilot boats, patrol vessels, was no way to conduct live-fire exercises to yachts, fireboats and passenger ferries. counter swarm attacks. AFT combines traditional methods with Samples of boats built at A.F. Theriault and Son’s private boatyard in Meteghan River, N.S.: Nanny AFT has built more than 200 the latest materials and technologies, Bessie, a 63-foot fiberglass/composites fish dragger; Hammerhead boats, and are looking forward building boats from steel, aluminum, Shucker for Punishment, a 44-foot, 11-inch fiberglass/ to working on more, says Gilles Theriault, fiberglass and advanced composites. composites lobster/scallop dragger; Beausoleil III, a 49- foot, 11-inch fiberglass/composites lobster boat; and general manager. The boatyard made news They employ approximately 150 people. America United, a 79-foot, one-inch aluminum fireboat. last fall when it was awarded a contract worth —Cathi Stevenson

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NR16 | NATURAL RESOURCES MAGAZINE | March/April 2013 DEVELOPMENTS

Three years associated costs that have swelled from an original estimate of $800 million. and counting Prior to the January fire, and as recently Delay-plagued Deep Panuke inches as November of 2012, Encana and project closer to production parties were pushing for a production date achievable within months. Company The $960-million Deep Panuke officials cited a need to ensure emphasis project, based on a resource located about on safety for those working on board 250 kilometers southeast of Halifax, prior to proceeding with production was originally slated to produce first gas commencement. in 2010 but has had several delays. The The safety concern may stem from a most recent event, a fire on January 19, Talisman Energy issue where a SBM- thankfully did not cause any injuries or built platform was evacuated in the casualties. However, the fire did cause an North Sea; however, the Deep Panuke evacuation and warranted an investigation platform was designed specifically for by operators and regulatory bodies. offshore Nova Scotia and is inspected The fire and related investigation are regularly by operators and regulators. yet another issue in a series of problems Now, Encana will pay yet another cost: plaguing a project which has had not just the costs associated with the investigation weeks or months of delays but several of the fire but isn’t expecting delays years: Deep Panuke, with four deep related to the incident. As of the end of wells and an estimated shelf life of 8-18 January, the operator was in the process years, is a conventional gas development of transporting officials and staff back to The Deep Panuke field is approximately 250 kilometres (155 miles) southeast that was first approved by the Encana the platform. of Halifax, Nova Scotia on the Scotian Board of Directors in 2007. This is the Industry observers watching the Deep Shelf. Natural gas from Deep Panuke will be processed offshore and transported, province’s second natural gas project. Panuke project are waiting for news via subsea pipeline, to Goldboro, Nova The issues affecting Deep Panuke of production, and soon, as the project Scotia for further transport to market via have also recently escalated to legal approaches the anniversary mark of its the Maritimes & Northeast Pipeline. The latest forecast is for first gas sometime action with a battle between Encana and third year of delays. this year. SBM directly related to the delays and —Karen Moores

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Heading north Newfoundland’s location, experience useful to Greenland

Newfoundland’s strategic proximity to Greenland presents opportunities for partnership, particularly given the expertise and resources that exist in this province after successful management of other resource-based projects. The potential for partnership isn’t just rooted in similarities in resource base but in island culture and development woes. This sentiment has been echoed by many for several years now and questions abound about the current and future role for the province as Greenland projects grow and mature. As their industry develops, Newfoundland business owners and industry stakeholders wonder what engagement and opportunities are in the works for talented east coasters, closer than many others involved in the quest to develop the resource- Statoil Hydro, another company with a Newfoundland rich north. presence and interests offshore Newfoundland, has also upped Last year, in a presentation to Rotary, Jeff Howard of Tailwinds the ante in Greenland with the acquisition of a 30.625 per cent Consulting noted that companies such as Provincial Airlines, interest in the Pitu license in Baffin Bay; this stake was acquired Cougar Helicopters and Miller Shipping have been contracted from Cairn Energy. for related projects and that C-Core engineers have been utilized The potential for partnerships between players in Greenland as a resource base for Greenland developers. and Newfoundland are great. As projects develop, with some of Other companies, particularly major players in the the major players in the Newfoundland industry now engaged Newfoundland oil community, are also involved in the offshore Greenland, and the added benefit of continued Greenland buzz. Husky Energy, an international company well exploration for additional resources by existing and other known for its role in developing the Newfoundland offshore, players, the field is still young and opportunities grow. has an upstream presence in Greenland. In late 2012, it was 2013 will be a year to watch for further Greenland/ announced that Husky is leasing a semi-submersible rig from Newfoundland business partnership updates as operators and Seadrill for use offshore Greenland. Due for completion in 2015, industry partners provide further project updates for the region. the West Mira is under completion in South Korea. —Karen Moores

NR18 | NATURAL RESOURCES MAGAZINE | March/April 2013