August 9, 2017
Minister Coady Announces Positive Development as Husky Energy Awards Major Contracts Related to the West White Rose Project
Today, the Honourable Siobhan Coady, Minister of Natural Resources, welcomed Husky’s awarding of major contracts related to the West White Rose project to companies in Newfoundland and Labrador. This includes a construction contract to the general partnership of Pennecon Ltd., SNC Lavalin and Dragados Canada for the building of the concrete gravity structure and a contract to fabricate the living quarters to Kiewit Offshore Services in Marystown.
First oil for the West White Rose project is expected in 2022 with direct employment, business and other industrial benefits provided to the province totalling more than $3 billion in provincial royalties, equity, and taxes.
Wellhead platform construction will begin in late 2017. At peak production, the project will produce approximately 75,000 barrels of oil per day in 2025.
“It’s great news that the supply and service industry in Newfoundland and Labrador is benefitting from Husky Energy’s West White Rose project. The project will provide significant employment and procurement opportunities for residents. We worked with Husky to announce this project in May 2017 which is resulting in more than $3 billion in royalties and equity for the province as well as 5,000 person years of employment through construction. Our government is committed to maximizing benefits from the oil and gas industry for Newfoundland and Labrador. We have delivered on our commitment to establish the oil and gas council and we are working diligently with our partners on the future of the industry of which there is continuing exploration activities offshore including an expanded seismic program.”
Honourable Siobhan Coady
Minister of Natural Resources
“Marystown and its workforce have long played a crucial role in the development of oil and gas projects in the province. I have remained hopeful that Husky would reach this agreement with Kiewit since announcing they were moving forward with the West White Rose project, and I am delighted to see this work secured for the people of Marystown.”
MHA for Placentia West - Bellevue
- 30 -
Discovered in 1984, the main White Rose field is located approximately 350 kilometres east of St. John’s, on the eastern edge of the Jeanne d’Arc Basin. Commercial oil production from the While Rose field began on November 12, 2005.
The West White Rose project will provide significant employment and procurement opportunities for residents. www.gov.nl.ca/releases/2017/exec/0529n02.aspx
The agreement between the Government of Newfoundland and Labrador and Husky Energy announced on May 29, 2017 can be found at www.nr.gov.nl.ca/nr/energy/petroleum/offshore/projects/whiterose_ext.html.
Constituency Assistant to
MHA for Placentia West – Bellevue
2017 08 09 5:10 p.m.