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NOIA Golf Tournament
Thursday, 16 Sep 2010
  
5th International Symposium on Oil and Gas Resources in Western Newfoundland
Wednesday, 22 Sep 2010
  
Maritime Human Resource Conference
Tuesday, 28 Sep 2010
  
Networking Social
Thursday, 28 Oct 2010
  
Member Christmas Reception
Thursday, 9 Dec 2010
  Lorneville Mechanical Contractors
  Martin Industrial Group
  Spatial Energistics Group Inc.
  Weatherford Laboratories
 
NOIA News
President's Perspective (August / September 2008)
This is a great time to be an ambassador for the East Coast Canada oilpatch!

As NOIA prepares to lead the Atlantic Canada delegation to Stavanger for Offshore Northern Seas, our resident supply and service sector is - to use an old expression - making hay while the sun shines.  The time we’ve all worked and waited for has finally arrived: the East Coast industry has made the transition from sequential, stand-alone projects to overlapping major developments.  

In addition to our four producing projects (Hibernia, Sable, Terra Nova and White Rose), Nova Scotia’s Deep Panuke development is well underway and the White Rose Expansion offshore Newfoundland is moving forward quickly, with key project management, engineering and procurement functions progressing in St John’s.

The 700 million barrel Hebron Project will soon enter its regulatory phase, followed by front end engineering design (FEED). Construction/fabrication costs are estimated at $4-6 billion over three years and production/operational spending are expected to exceed $300 million annually over the 25 year life of the field.  

Newfoundland LNG is ready to break ground on its $1.5 billion liquefied natural gas transshipment and storage terminal at Grassy Point, Placentia Bay.  This facility will add a new dimension to the province’s petroleum infrastructure and facilitate development of Newfoundland & Labrador’s own natural gas resource.   

There are also plans afoot for a potential $2 billion expansion of North Atlantic Refining’s Come-by-Chance facility, expanding our value-adding capacity.  

It’s clear that our industry is maturing.  We’re seeing not only ‘pioneer’ developments, but field expansion and development of marginal fields through strategic use of existing offshore facilities.  We’re adding midstream and downstream infrastructure.  And it’s happening now: an incredible range of short, medium and long-term opportunity is right in front of us.

In this exiting new business landscape, NOIA’s priority is to ensure that members are positioned to capture those opportunities.  By working with operators and major contractors, we are making sure that members are well informed about project requirements and procurement strategies, have access to project decision-makers and have the forums to promote how they can add value.  Our job is to make your job just a little bit easier and increase your probability of success.

The opportunities are not just on our horizon – they’re already here.  Let’s grab them with both hands.
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