• Sign up for the Daily Digest E-mail
  • X
  • LinkedIn
  • See more results

    Generic selectors
    Exact matches only
    Search in title
    Search in content
    Post Type Selectors

BOE Report

Sign up

See more results

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
  • Home
  • StackDX Intel
  • Headlines
    • Latest Headlines
    • Featured Companies
    • Columns
    • Discussions
  • Well Activity
    • Well Licences
    • Well Activity Map
  • Property Listings
  • Land Sales
  • M&A Activity
    • M&A Database
    • AER Transfers
  • Markets
  • Rig Counts/Data
    • CAOEC Rig Count
    • Baker Hughes Rig Count
    • USA Rig Count
    • Data
      • Canada Oil Market Data
      • Canada NG Market Data
      • USA Market Data
      • Data Downloads
  • Jobs

Newfoundland government, Statoil to spend $3.9 million on Arctic oil research

June 10, 20149:02 AM The Canadian Press0 Comments

ST. JOHN’S, N.L. – Statoil Canada and the province of Newfoundland and Labrador will spend $3.9 million on research into oil and gas operations in Arctic and harsh environments.

Statoil will spend $2.4 million on the three new projects while Crown corporation Research and Development Corp. will spend $1.5 million.

One project led by Kvaerner Canada Ltd. involves Arctic subsea oil and gas separation and storage technology.

Rutter Inc. will help develop a system to automatically detect and predict ice movement.

In addition, AMEC Americas Ltd. will research remote sea-ice sensing and ice forecasting technology.

The announcement is another step as the province tries to position itself as a centre for Arctic and harsh environment expertise.

The prospect of Arctic oil development has prompted widespread protest, especially since the BP Gulf of Mexico disaster exposed technological limits on the ability to control blowouts.

Equinor

Follow BOE Report
  • Facebook
  • X
  • LinkedIn

Sign up for the BOE Report Daily Digest E-mail

Successfully subscribed

Latest Headlines
  • Two oil tankers exploded after passing through mined route south of Strait of Hormuz, Iran’s state TV reports
  • Irving Oil’s refinery in Saint John, New Brunswick, to begin fall turnaround in September
  • Western oil companies see ‘fantastic’ future in Iraq, sign agreements
  • US energy firms boost rig count to highest since April 2025, Baker Hughes says
  • ConocoPhillips joins BP in Iraq as Baghdad seeks more US energy investment

Return to Home
Alberta GasMonthly Avg.
CAD/GJ
Market Data by TradingView

    Report Error







    Note: The page you are currently on will be sent with your report. If this report is about a different page, please specify.

    About
    • About BOEReport.com
    • In the News
    • Terms of Use
    • Privacy Policy
    • Editorial Policy
    Resources
    • Widgets
    • Notifications
    • Daily Digest E-mail
    Get In Touch
    • Advertise
    • Post a Job
    • Contact
    • Report Error
    BOE Network
    © 2026 Stack Technologies Ltd.