QatarEnergy, ExxonMobil win exploration block offshore Canada
QatarEnergy on November 3 announced a successful bid for Parcel 8 of the Orphan basin, offshore the province of Newfoundland and Labrador in Canada.
The Parcel 8 winning bid by QatarEnergy (30% working interest) and ExxonMobil (operator, with a 70% working interest) was announced by the Canada-Newfoundland and Labrador Offshore Petroleum Board as part of the 2022 Newfoundland and Labrador Call for Bids NL22-CFB01.
|
Advertisement: The National Gas Company of Trinidad and Tobago Limited (NGC) NGC’s HSSE strategy is reflective and supportive of the organisational vision to become a leader in the global energy business. |
"This successful bid demonstrates our ambition to further increase our footprint in the Atlantic basin, as part of our international growth drive,” QatarEnergy CEO Saad Sherida Al-Kaabi said.
Located offshore eastern Canada, Parcel 8 lies in water depths of 2,500 to 3,000 m and covers an area of approximately 2,700 km2. Entry to the Parcel 8 license is subject to customary government approvals, QatarEnergy said.