Reposted from WorldOil.com
ST. JOHN’S, NEWFOUNDLAND, CANADA – Themed Resilient & ReEnergized, the Noia Oil & Gas Conference 2021 began Tuesday at the St. John’s Convention Centre with a focus on the future, clean technology, and the benefits of local content practices for communities with resource development projects.
“Excitement and optimism could be felt on the conference floor today as the Newfoundland and Labrador offshore oil and gas industry joined together for the first time in this way in almost two years. Noia members and conference delegates are excited for recent announcements about projects such as the Terra Nova FPSO restarting. There are good things beginning to happen again and the industry is excited to get back to work and back to where we were just under two years ago. Today was a great day to look at the challenges we have overcome and what our future may look like. I look forward to a deep dive tomorrow on how we can reach our potential,” said Charlene Johnson, Noia CEO.
The first day of conference included an address from Premier Andrew Furey who focused on the important impact the Newfoundland and Labrador offshore oil and gas industry will have for the future and the innovation required. ExxonMobil Canada president Lazaro Cosma reaffirmed the commitment of his company to working offshore Newfoundland and Labrador; CNOOC International area manager Todd Hartlaub updated delegates on their recent exploration campaign conducted during a pandemic; and, Jim Keating, Acting CEO of the Newfoundland ad Labrador Oil and Gas Corporation outlined the importance of our offshore resources. A discussion on local content also highlighted the approach of BHP in helping the supply community participate in major projects. Significant discussion also occurred on lowering carbon emissions in the offshore and a potential LNG project was presented to delegates. Keynote luncheon speaker Chris Sublicki highlighted the ESG values of Canadian energy and its importance in meeting global demand.
The agenda for Wednesday includes discussions on collaboration in the new normal, as well as market opportunities and operational diversification. The keynote luncheon speaker will be Bethany Downer, Chief Communications Officer, Hubble Space Telescope and Director of Communications, STAR HARBOUR. The afternoon session will focus specifically on next steps for reaching our potential, including the role of educational institutions, the provincial government, and our next potential offshore facility.