“A full review of scope, schedule and cost of this project is critical, given … West White Rose is located in the Jeanne d’Arc Basin, 350 kilometres east of Newfoundland and Labrador in approximately 120 metres of water, is 60 per cent complete, the company said. The Pennecon Health and Safety Management system has been selected for use, in part because this management system is already known to many in the local workforce. The West White Rose project has been deferred for 2021 while Cenovus Energy evaluates its options. "I would hope that they will be taking the opportunity to look at the $320 million oil and gas fund that was announced, and whether there's something they can apply for there," he said. "There's thousands of jobs that are impacted. Meanwhile, big questions are emerging about the future of Husky's operations in offshore Newfoundland. With the global pandemic battering oil markets, Husky announced in April it was halting construction of the fixed wellhead drilling platform for the remainder of 2020. Both levels of government rejected the company's pitch, though Newfoundland and Labrador, through its energy corporation, Nalcor, already owns a five per cent stake in the project. Weeks after the company finalized its acquisition of Husky Energy, Cenovus CEO Alex Pourbaix … 1 day ago. This project introduces an … August 25. The West White Rose extension project includes a 145-metre-high concrete gravity structure, which was being built at the Port of Argentia until construction was suspended in April. The review follows the suspension of major construction activities in March due to the COVID-19 pandemic and the company’s capital re-prioritisation following the global economic downturn. Canada's Husky Energy has decided to suspend construction activities on its West White Rose offshore project, citing the COVID-19 virus fears. CEO says East Coast operations largely on hold while company evaluates options ST. JOHN'S, N.L. "Any time there's a new player coming into the oilfield of Newfoundland and Labrador, I don't see that as bad.". Comments on this story are moderated according to our Submission Guidelines. Shortall said it's essential now for the provincial government to assess the labour market and ensure the workers who will be affected are able to transition their skills to new jobs, adding that the impacts will be felt by more than just those who are directly employed. You can use a text widget to display text, links, images, HTML, or a combination of these. Construction jobs, community jobs, retail jobs — it's massive," she said. In an additional statement Monday, Husky said once the sale by Cenovus is complete, there will be additional work to review all assets. Quebec Police Broke A … 5.7K … West White Rose project owner Cenovus Energy releases 2021 budget | The Telegram thetelegram.com - Andrew Robinson. What's more, there isn't a whole lot on the horizon over the next couple of years that skilled workers can count on for employment opportunity, he said, and the construction industry is holding about an 85 per cent unemployment rate. More than 1,000 unionized construction jobs at Argentia and Marystown. Right now, it's still too early to tell what will happen with the project, King said. "My concerns have to do with the employment and reemployment of the workers who have lost their jobs and are wondering if they're ever going to get them back," Crosbie said. "I would hope they're looking at their investors to find other creative ways to make the project move forward.". Husky approved the West White Rose development in May 2017. When the West White Rose project was sanctioned three years ago, Husky said it would have a 25-year lifespan, produce more than 180 million barrels of oil, and deliver between $3 billion and $4 billion in economic benefits for the province in the form of royalties, taxes and equity payments. Husky Energy Suspends West White Rose Project. He hopes the company will still be in talks with the provincial and federal governments and find other ways to finish the project. The West White Rose Project will be developed through a fixed drilling platform consisting of a concrete gravity structure (CGS), built by the SNC-Lavalin- Dragados-Pennecon General Partnership (SDP), and an integrated topsides facilities. West White Rose Project Quick Facts. The Text Widget allows you to add text or HTML to your sidebar. The West White Rose Project will be developed through a fixed drilling platform consisting of a concrete gravity structure (CGS), and an integrated topsides facilities, which includes the Living Quarters (LQ) module. — Contributed. In its statement, Husky said, "We continue to work with the government to discuss how the federal dollars allocated to the offshore can support the long-term success of White Rose and the offshore, including determining whether some scopes of work can proceed.". The West White Rose project includes investing in projects that would allow the continued employment of the SeaRose floating production storage and offloading unit to serve the entire field. Gantry Cranes for Husky West White Rose Project More . Procurement Opportunities . Husky delays tow-out operation to west White Rose oil field by a year. That platform is a mega world-class initiative and is being constructed in Argentia, Newfoundland right now. "And we're still working with Husky ... We're still working with them on trying to get the scope of work here in this province for 2021.". Husky Energy Suspends West White Rose Project Company takes immediate action to ensure the safety of Husky’s workforce, construction sites and communities. Employment Opportunities. Mary Shortall, president of the Newfoundland and Labrador Federation of Labour, said a merger of large companies like Husky and Cenovus tends to mean "a big fallout" as they find ways to cut costs. However, all major construction work continues to be on hold while Husky Energy will seek to determine a direction for the future, considering a start-up delay of more than 12 months due to a small ‘offshore weather window’. "Obviously that's going to mean layoffs in Alberta as well right across the country, so it's not good news, I guess, although there's still not a lot of details and the people who I've spoken to so far this morning who work in the offshore don't have any information whatsoever," she said. ST. JOHN'S, N.L. — News on the future of the West White Rose project in Newfoundland and Labrador was limited as the new operator Cenovus Energy … View on thetelegram.com. The West White Rose Project is currently 60% complete. Company takes immediate action to ensure the safety of Husky’s workforce, construction sites and communities. More than 500 current Husky operations jobs in Newfoundland and Labrador. He said his organization, which represents 16 building and construction trade unions and about 18,000 workers, was hoping work would ramp up on the project in the late summer with a concrete pour in early 2021. The project provides more than 1,000 unionized construction … 01/05/2021 Weeks after the company finalized its acquisition of Husky Energy, Cenovus CEO Alex Pourbaix addressed the future of East Coast operations during a conference call with investment analysts and media. They haven't mentioned Newfoundland and Labrador offshore," he said. Sources say a range of scenarios could unfold, including a sale of Husky assets in the province, which also includes a 35 per cent equity share in the highly touted Bay du Nord discoveries in the Flemish Pass. The West White Rose Project will be developed through a fixed drilling platform consisting of a concrete gravity structure (CGS), built by the SNC-Lavalin- Dragados-Pennecon General Partnership (SDP), and an integrated topsides facilities. SDP will be constructing the CGS in the Argentia Graving Dock, located on the Argentia Peninsula approximately 130 km from St. … The West White Rose Project public information office is located in the Placentia Mall, on Blockhouse Road in the Town of Placentia. Email Print Friendly Share. "I think the right … A big partner in the West White Rose expansion project has announced a financial setback related to the half-finished oil project in Newfoundland and Labrador. News on the future of the West White Rose project in Newfoundland and Labrador was limited as the new operator Cenovus Energy released its 2021 capital budget Thursday. Husky Energy, on behalf of the West White Rose Project (WWRP) proponents, Husky, Suncor Energy Inc. (Suncor) and Nalcor Energy – Oil and Gas Inc. (Nalcor), is leading the development of the WWRP. "I guess our job [is] to move forward and put pressure on government, to sit down and do some work on what the future of the labour market in Newfoundland and Labrador is and what we need to do to transfer the worker skills to those new jobs," she said. He said Cenovus Energy can utilize the low-carbon oil found in the province's offshore to diversify its portfolio in the "new frontier of oil and gas. "To create a just transition into a different type of diversification in this province has just become even more critical, I think.". "Nothing the premier has said was aimed at reassuring those folks.". The LQ module will be constructed at the Kiewit Offshore Services facility, located in Marystown, approximately 300 km from St. John’s, NL. Husky is managing the project on behalf of its partners Suncor Energy Inc. and Nalcor Energy. Further information on the project can be found here. There are immediate implications for Newfoundland and Labrador from a major shakeup in the Canadian oil sector, with Husky Energy confirming construction on the stalled West White Rose extension project will not resume in 2021. In early April, with its balance sheet in tatters, Husky announced it was reviewing its entire operations in eastern Canada, and it asked the provincial and federal governments to buy equity stakes in West White Rose in order to save the project. Hebron. The SeaRose floating production, storage and offloading vessel, which is the centrepiece of the White Rose oil field, is aging and will soon require a refurbishment, according to insiders. Read more from CBC Newfoundland and Labrador. — News on the future of the West White Rose project in Newfoundland and Labrador was limited as the new operator Cenovus Energy released its 2021 capital budget Thursday. Closed Captioning and Described Video is available for many CBC shows offered on CBC Gem. "I think that the most recent announcement is probably cause for some grave concern.". Husky Energy and partners Suncor Energy and Nalcor Energy-Oil and Gas have sanctioned the West White Rose project offshore Newfoundland and Labrador. Check out the project overview on Husky's YouTube channel here. The decision follows news on Sunday that Husky is being purchased by rival Cenovus Energy in an all-stock, $3.8-billion deal between the two Calgary-based businesses, with the transaction expected to be finalized early next year. $1.1 billion in work remains to be completed in Newfoundland and Labrador. Industry, Energy and Technology Minister Andrew Parsons said another positive is that the company indicated that it's not a cancelled project, rather it's on hold given the turmoil throughout the industry. 's struggling offshore, N.L. … — News on the future of the West White Rose project in Newfoundland and Labrador was limited as the new operator Cenovus Energy released its 2021 capital budget Thursday. What the Cenovus-Husky merger means for jobs and the future of the oilpatch, Feds write cheque for $320M to support workers, lower emissions for N.L. With the platform destined to be more than 140 metres in height and diameter, … Terry Roberts is a journalist with CBC's bureau in St. John's. This is a text widget. Subsea Rigid Spool Work More . Husky Energy and ExxonMobil are propelling field development activity offshore Newfoundland and Labrador. The West White Rose Project will be developed by means of a fixed oil drilling platform consisting of a Concrete Gravity Structure (CGS) supporting an integrated drilling and production topsides. The White Rose field and satellite extensions are located in the Jeanne d’Arc Basin, 350 km east of Newfoundland and Labrador in approximately 120 m of water. CALGARY — Suncor Energy Inc. says it will take a $425-million impairment charge related to its stake in the White Rose offshore oilfield and West White Rose expansion project. CALGARY, Alberta, March 22, 2020 (GLOBE NEWSWIRE) -- Husky Energy (TSX:HSE) today announced that it will begin a systematic and orderly suspension of major construction activities related to the West White Rose Project. Completion: July 2005 Manhours: Confidential. PCs wonder what's taking so long, Cenovus to buy Husky Energy for $3.8B, designed to 'weather the current environment', CBC's Journalistic Standards and Practices. In late September, Natural Resources Minister Seamus O'Regan announced $320 million to support offshore workers and help lower greenhouse gas emissions. The West White Rose Project will access further resources to the west of the field, using a fixed drilling rig tied back to the existing SeaRose FPSO. West White Rose project owner Cenovus Energy releases 2021 budget | The Telegram thetelegram.com - Andrew Robinson. — News on the future of the West White Rose project in Newfoundland and Labrador was limited as the new operator Cenovus Energy … West White Rose has an expected peak capacity of 75,000 barrels of oil per day. Without the extension project, the lifespan of the field will be shortened, since existing reserves are in decline. West White Rose Project Quick Facts. Box 500 Station A Toronto, ON Canada, M5W 1E6. Pseudonyms will no longer be permitted. The Text Widget allows you to add text or HTML to your sidebar. West White Rose has an expected peak capacity of 75,000 barrels of oil per day. Company takes immediate action to ensure the safety of Husky’s workforce, construction sites and communities. ", "I'm hopeful that we can use this opportunity to further this project and potentially others," said Furey. ST. JOHN'S, N.L. "Right now we're devastated, [and] obviously very concerned for the members who would have had the opportunity to go to work there," said King. "The other positives that they talk about is the fact that it's a good project, with a significant lifespan still ahead of it. Construction of U.S Naval Facility Argentia 1942. Placentia Area Then & Now. The West White Rose project has been deferred for 2021 while Cenovus Energy evaluates its options. There's a lot of resource still left there for Newfoundlanders and Labradorians," Parsons said. Companies and contractors hiring for the West White Rose project are required to follow the principles set out in the Atlantic Accord legislation, which requires that “individuals residing in the Province shall be given first consideration for training and employment in the work program”. Crosbie said Cenovus Energy's interest in the east coast of Canada also remains in the air. Upgrade for the BOP Handling Cranes for Hibernia Platform More . It would also create 250 permanent platform jobs, and up to 1,500 more direct and indirect jobs. By submitting a comment, you accept that CBC has the right to reproduce and publish that comment in whole or in part, in any manner CBC chooses. The oil company sanctioned the West White Rose development in May 2017. You can use a text widget to display text, links, images, HTML, or a combination of these. CEO says East Coast operations largely on hold while company evaluates options A A. ST. JOHN'S, N.L. Husky Energy has announced a review of the West White Rose Project in the Atlantic region. CALGARY, Canada – Suncor Energy will record an after-tax impairment charge of around $425 million on its share of the Related Stories. Husky suspends West White Rose project on Covid-19 concerns. Offshore staff. West White Rose is expected to produce up to 75,000 barrels of oil per day, with Husky collecting 52,500 bpd from its 69 per cent share. Search … Learn more about Terra … The West White Rose Project will access further resources to the west of the field, using a fixed drilling rig tied back to the existing SeaRose FPSO. In a brief statement Monday, the Newfoundland and Labrador Oil and Gas Industries Association said it "remains optimistic about the future of the offshore operations of Husky Energy, including the West White Rose project.". It is a priority for CBC to create a website that is accessible to all Canadians including people with visual, hearing, motor and cognitive challenges. — News on the future of the West White Rose project in Newfoundland and Labrador was limited as the new operator Cenovus Energy released its 2021 capital budget Thursday. Comments are welcome while open. has its task force in place to help the oil industry. CEO says East Coast operations largely on hold while company evaluates options ST. JOHN'S, N.L. Suncor Energy holds a 27.5% working interest in the White Rose development and approximately 26% in the West White Rose Project. Edit them in the Widget section of the. The future of the stalled West White Rose extension project is growing increasingly murkier, with Husky confirming construction will not resume in 2021. They seem to be much more interested in other stuff. Hundreds of workers were laid off. First oil is expected in 2022. ST. JOHN'S, N.L. Further information on the project can be found here. This fixed drilling platform will be tied back to the existing SeaRose floating production, storage and offloading (FPSO) vessel. But, Tory Leader Ches Crosbie said if he were a worker in Newfoundland and Labrador's offshore oil industry he'd be worried, not knowing what the intermediate term holds in terms of employment. "In their press release they didn't mention the east coast assets of Husky. Edit them in the Widget section of the Customizer. CALGARY, Alberta, March 22, 2020 (GLOBE NEWSWIRE) -- Husky Energy (TSX:HSE) today announced that it will begin a systematic and orderly suspension of major construction activities related to the … As part of stream one, the West White Rose Project will receive $41.5 million from the fund which the partner companies will match to undertake in-province work relating to the West White Rose Project and maintain jobs. The $1.6-billion development calls for a fixed wellhead platform consisting of a concrete gravity structure and an integrated topsides tied back to the SeaRose FPSO via subsea infrastructure. WEST WHITE ROSE PROJECT. The West White Rose Project will be developed through a fixed drilling platform consisting of a concrete gravity structure (CGS), and an integrated topsides facilities, which includes the Living Quarters (LQ) module. The West White Rose field in Canada’s Atlantic is being developed using a fixed wellhead platform tied back to the SeaRose floating production, storage and offloading (FPSO) vessel. Meanwhile, Premier Andrew Furey said the merger is an opportunity for both the company and the province. Edit them in the Widget section of the Customizer. Suncor Energy holds a 21% working interest in the Hebron project. Learn more about Hebron. West White Rose would create … West White Rose has an expected peak capacity of 75,000 barrels of oil per day. More than 500 current Husky operations jobs in Newfoundland and Labrador. West White Rose Project - Subsea Tie-Back Husky Energy, on behalf of the West White Rose Project (WWRP) proponents, Husky, Suncor Energy Inc. (Suncor) and Nalcor Energy – Oil and Gas Inc. (Nalcor), is leading the development of the WWRP within the White Rose field located in the Jeanne d’Arc Basin, 350 km east of Newfoundland and Labrador. The project will feature a fixed drilling rig, which is intended to be tied back to the existing SeaRose floating production, storage, and offloading … West White Rose would create about 250 additional full-time platform jobs. White Rose. The West White Rose project represents a significant investment for the local energy industry, and getting it moving again protects skilled jobs now, and creates jobs for the future. West White Rose Project More . Cenovus directed media inquiries to its investors call on Sunday. West White Rose Project; Benefits & Diversity Reports; Procurement Opportunities; Atlantic Region Long-term Service Contracts; White Rose Production Phase Environmental Effects Monitoring Program Design document and the Baseline Data Collection Reports; Husky Retail; Suppliers; Products; Safety Data Sheets ; Ethics Help Line; Contact Us; Investors, Operations & News. Quick Links. The West White Rose project in Newfoundland, Canada includes the construction of a concrete structure and topsides. Buoy Handling Knuckle Boom Crane for CCGS Edward Cornwallis More . First oil is scheduled for … Shortall expects there will be similar moves made by large companies as they feel an "economic crunch" in the wake of the COVID-19 pandemic, "especially in the oil industry.". Health & Safety. Skip to main content Suncor is also the operator of the Terra Nova field, off the coast of Newfoundland and Labrador. Health and safety are priorities for SDP constructing the Project in Argentia. CEO says East Coast operations largely on hold while company evaluates options A A. ST. JOHN'S, N.L. On Sept. 9, the Calgary-based company announced it would review and potentially pull out of the project without the provincial or federal government taking a stake in the project. "The 2021 construction season has been cancelled," a Husky official confirmed in a statement to CBC News. Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube. While White Rose is currently producing, the $2.2-billion West White Rose Project was intended to access 200 million barrels of crude oil and extend the life of the White Rose field by about 14 … West White Rose The West White Rose project will access further resources to the west of the field, using a fixed drilling rig tied back to the existing SeaRose FPSO. The Sea Rose is located in the White Rose field, 350km east of Newfoundland, approximately 50km from both the Terra Nova and Hibernia fields. To encourage thoughtful and respectful conversations, first and last names will appear with each submission to CBC/Radio-Canada's online communities (except in children and youth-oriented communities). Darin King, executive director for Trades NL, calls the news devastating. West White Rose GBS project receives USD41 million grant 07 Dec 2020 - Upstream Costs and Technology | Headline Analysis The project will receive USD 41.5 million, a 50% of total project costs, to “maintain jobs in the near-term and protect the option of re-starting the West White Rose Project in 2022, if conditions permit.” The West White Rose project is the catalyst for any further investment in the White Rose field and the SeaRose FPSO." PETTY HARBOR / LONG POND WATER TREATMENT PLANT More . The money was in addition to $75 million already announced by Ottawa. Peak craft: 1,000; 18 topsides modules at the Marystown and Cow Head facilities in Newfoundland; Modules ranged from weighing 100 to 1,250 tonnes; Fabricated: Marystown, N.F. The Husky Energy West White Rose Concrete Gravity Structure (CGS) – SNC-Lavalin On October 18th, 2019, the Husky Energy West White Rose Concrete Gravity Structure (CGS) construction project team successfully completed the 4th quadrant base cassion slipform of the fixed drilling platform. Husky Energy Suspends West White Rose Project. The office is open Monday to Friday, from 10:00 am to 2:00 pm and is staffed with an Information Officer available to answer questions and provide information to the public on the project. Weeks after the company finalized its acquisition of Husky Energy, Cenovus CEO Alex Pourbaix addressed the future of Husky paused construction on the West White Rose project when the coronavirus pandemic hit and contributed to an oil price collapse earlier this year. Diversity & Community Outreach . Husky Energy today announced a review of the West White Rose Project in the Atlantic region. More than 1,000 unionized construction jobs at Argentia and Marystown. Please note that CBC does not endorse the opinions expressed in comments. The proposed work includes activities necessary to support a potential restart of the project such as topsides fabrication, procurement, and subsea and marine operations. The West White Rose Project calls for the development of additional resources to the west of the producing White Rose field, located approximately 350km east of St. John’s on the eastern edge of the Jeanne d’Arc Basin. We reserve the right to close comments at any time. "Regarding Husky's Newfoundland and Labrador operations, the WWR [West White Rose] project is key to extending the life of the White Rose field," the statement reads. Husky said incremental operating costs at West White Rose are expected to be less than $3 per barrel over the first 10 years with the tie-back to the SeaRose operation. The Procurement function on the West White Rose Project will be undertaken from the Mount Pearl Project office and Argentia Construction Site office. Discussions continue with the operator and the government of Newfoundland and Labrador, with the latter having agreed to provide support for the project in 2021. But Husky is hopeful federal aid money for the offshore can be used to "help position the (West White Rose) project for restart when commodity prices recover," according to the Husky statement. — News on the future of the West White Rose project in Newfoundland and Labrador was limited as the new operator Cenovus Energy … It is partnered on the project … This is a text widget. $1.1 billion in work remains to be completed in Newfoundland and Labrador. At the time, the project was nearly 60 per cent complete, with major construction taking place at the Port of Argentia and a fabrication facility in Marystown. West White Rose would create about 250 additional full-time platform jobs. — News on the future of the West White Rose project in Newfoundland and Labrador was limited as the new operator Cenovus Energy … Greenhouse Irrigation Control System More . West White Rose Project Quick Facts. “This announcement to support Husky’s West White Rose Project is a great start in the recovery of Newfoundland and Labrador’s oil and gas industry. The White Rose Expansion Project involves the development of three satellite fields: the North Amethyst, the West White Rose and the South White Rose. The West White Rose project represents a significant investment for the local energy industry, and getting it moving again protects skilled jobs now, and creates jobs for the future. As a project partner, Nalcor had paid $110 million as part of its share of costs as of July. The Text Widget allows you to add text or HTML to your sidebar. According to Suncor, the future of the West White Rose project is now uncertain under the new operator, Cenovus. Audience Relations, CBC P.O. WEST WHITE ROSE PROJECT; Project Information; Living Quarters Procurement; Employment; Health & Safety; Close Search (ESC) Text Widget. Husky has said it will not add debt to its balance sheet in order to fund the remainder of the project, and now with Cenovus about to enter the picture, it appears the strategy is less certain. The North Amethyst and South White Rose extensions all produce back to the SeaRose FPSO. Husky and partners Suncor Energy and Nalcor Energy-Oil and Gas recently sanctioned the West White Rose project, while ExxonMobil brought Hebron online ahead of schedule. — Contributed. 3/22/2020. "As we have said before, all options are on the table and accelerating abandonment remains a possibility.". The funding will help maintain the project in warm suspension during 2021 and hopefully position it for a full restart in 2022 and the path to first oil. West White Rose gets the go-ahead offshore eastern Canada. The decision means the future of the troubled extension project for the White Rose oil field in offshore Newfoundland is murkier than ever. With its co-venture partners, Husky Energy is developing West White Rose with a concrete gravity (CGS) supported wellhead platform which is an innovative technology for the region and a proven concept around the world. Learn more about White Rose. Been deferred for 2021 while Cenovus Energy evaluates its options the text Widget allows you to add text HTML. Remains a possibility. ``, M5W 1E6 employment impacts which is the primary driver this... Town of Placentia this story are moderated according to suncor, the of... 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Deferred for 2021 while Cenovus Energy evaluates its options mentioned Newfoundland and Labrador offshore, '' said Furey is cause. Field development activity offshore Newfoundland and Labrador cause for some grave concern. `` text! Platform destined to be much more interested in other stuff allows you to text. Being constructed in Argentia, Newfoundland right now Rose oil field by a year that platform is mega... Journalist with CBC 's bureau in ST. JOHN 's, N.L upgrade for White! And indirect jobs looking at their investors to find other creative ways to make project! Field will be immediate, positive employment impacts which is the primary driver of this fund and up to more...
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