White Rose oil field

Husky Oil Operations Limited charged with environmental offences under federal legislation

Retrieved on: 
Thursday, November 4, 2021
Government of Canada, Environment and Climate Change Canada, Migratory Bird Treaty, NL, Fisheries Act 1985, Migratory Birds Convention Act, White Rose oil field, Water, Provincial Court of Newfoundland and Labrador, Government, Provincial and territorial courts in Canada, Lung compliance, Fisheries Act, Environment, Court, Climate change, Fishery, Hunting, Property management

On November 3, 2021, Environment and Climate Change Canada laid three charges against Husky Oil Operations Limited.

Key Points: 
  • On November 3, 2021, Environment and Climate Change Canada laid three charges against Husky Oil Operations Limited.
  • The charges relate to a major petroleum spill on November16, 2018, at the White Rose Oil Field in the Newfoundland and Labrador offshore area, where an estimated 250,000L of crude oil was released into the environment.
  • The first court appearance is scheduled for November 23, 2021, at the Provincial Court of Newfoundland and Labrador in St. John's.
  • Mandatory minimum penalties are set to reflect the seriousness of environmental offences and to deter non-compliance with federal legislation.

Suncor to record impairment charge on White Rose assets

Retrieved on: 
Monday, January 4, 2021
S&P/TSX 60, Companies, Suncor Energy, Sunoco LP, Petroleum industry in Canada, Economy of Canada, White Rose oil field, Cenovus Energy, Nalcor Energy, Calgary

CALGARY, Alberta, Jan. 04, 2021 (GLOBE NEWSWIRE) -- Suncor today advised that it will record in the fourth quarter of 2020 a non-cash after-tax impairment charge of approximately $425 million on its share of the White Rose asset and West White Rose Project.

Key Points: 
  • CALGARY, Alberta, Jan. 04, 2021 (GLOBE NEWSWIRE) -- Suncor today advised that it will record in the fourth quarter of 2020 a non-cash after-tax impairment charge of approximately $425 million on its share of the White Rose asset and West White Rose Project.
  • While the asset is currently producing, the West White Rose Project was intended to access 200 million barrels (gross) of crude oil and extend the life of the White Rose field by approximately 14 years.
  • However, the recent acquisition of the operator has cast significant doubt on the future of the West White Rose Project.
  • The West White Rose Project joint venture owners are Cenovus (operator, 69%), Suncor (26%) and Nalcor (5%).

Husky Announces Review of West White Rose Project

Retrieved on: 
Wednesday, September 9, 2020
Provinces and territories of Canada, Husky Energy, White Rose oil field, Alberta, Calgary, Petroleum industry

CALGARY, Alberta, Sept. 09, 2020 (GLOBE NEWSWIRE) -- Husky Energy (TSX:HSE) today announced a review of the West White Rose Project in the Atlantic region.

Key Points: 
  • CALGARY, Alberta, Sept. 09, 2020 (GLOBE NEWSWIRE) -- Husky Energy (TSX:HSE) today announced a review of the West White Rose Project in the Atlantic region.
  • The West White Rose project is important to Canada's energy future.
  • West White Rose greenhouse gas emissions intensity expected to be 50% lower than the average barrel produced in Canada.
  • In particular, forward-looking statements in this news release include, but are not limited to, references to: the Companys general strategic plans and growth strategies; the expected delay to first oil at West White Rose; the expected peak production capacity at West White Rose; and the expected benefits of the West White Rose Project.

Husky Energy Suspends West White Rose Project

Retrieved on: 
Sunday, March 22, 2020
White Rose oil field, Husky Energy, Construction (Design and Management) Regulations, Husky, NEWFOUNDLAND AND LABRADOR, Provinces, Industries

CALGARY, Alberta, March 22, 2020 (GLOBE NEWSWIRE) -- Husky Energy (TSX:HSE) today announced that it will begin asystematic and orderly suspension of major construction activities related to the West White Rose Project.

Key Points: 
  • CALGARY, Alberta, March 22, 2020 (GLOBE NEWSWIRE) -- Husky Energy (TSX:HSE) today announced that it will begin asystematic and orderly suspension of major construction activities related to the West White Rose Project.
  • We are taking the steps necessary to keep our people and our construction sites safe, said CEO Rob Peabody.
  • Husky is working cooperatively with its contractors to safely suspend all activities, and to demobilize and secure its construction sites.
  • Production from the White Rose field and its satellite extensions, located 350 kilometres off the coast of Newfoundland and Labrador, is continuing withenhancedworkforcecontrol measures introduced to ensure the ongoing safe operations on the SeaRosefloating production, storage and offloading vessel.