Learn more about Hebron. CEO says East Coast operations largely on hold while company evaluates options A A. ST. JOHN'S, N.L. Darin King, executive director for Trades NL, calls the news devastating. Husky Energy has announced a review of the West White Rose Project in the Atlantic region. "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. CEO says East Coast operations largely on hold while company evaluates options A A. ST. JOHN'S, N.L. "The other positives that they talk about is the fact that it's a good project, with a significant lifespan still ahead of it. Meanwhile, big questions are emerging about the future of Husky's operations in offshore Newfoundland. Meanwhile, Premier Andrew Furey said the merger is an opportunity for both the company and the province. 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’. In late September, Natural Resources Minister Seamus O'Regan announced $320 million to support offshore workers and help lower greenhouse gas emissions. Related Stories. 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. "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.". 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. 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. West White Rose has an expected peak capacity of 75,000 barrels of oil per day. — News on the future of the West White Rose project in Newfoundland and Labrador was limited as the new operator Cenovus Energy … Completion: July 2005 Manhours: Confidential. According to Suncor, the future of the West White Rose project is now uncertain under the new operator, Cenovus. 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 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. “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. 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. 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. 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. The West White Rose project is the catalyst for any further investment in the White Rose field and the SeaRose FPSO." The money was in addition to $75 million already announced by Ottawa. 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.". — 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. Crosbie said Cenovus Energy's interest in the east coast of Canada also remains in the air. Closed Captioning and Described Video is available for many CBC shows offered on CBC Gem. Greenhouse Irrigation Control System More . The Procurement function on the West White Rose Project will be undertaken from the Mount Pearl Project office and Argentia Construction Site office. More than 500 current Husky operations jobs in Newfoundland and Labrador. You can use a text widget to display text, links, images, HTML, or a combination of these. 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. That platform is a mega world-class initiative and is being constructed in Argentia, Newfoundland right now. Construction of U.S Naval Facility Argentia 1942. 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. 's struggling offshore, N.L. 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. 3/22/2020. Learn more about White Rose. … More than 500 current Husky operations jobs in Newfoundland and Labrador. 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. Health and safety are priorities for SDP constructing the Project in Argentia. "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. August 25. 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 … Husky suspends West White Rose project on Covid-19 concerns. Construction jobs, community jobs, retail jobs — it's massive," she said. 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. 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. ST. JOHN'S, N.L. This is a text widget. 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. 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. It would also create 250 permanent platform jobs, and up to 1,500 more direct and indirect jobs. This project introduces an … 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.". — News on the future of the West White Rose project in Newfoundland and Labrador was limited as the new operator Cenovus Energy … Weeks after the company finalized its acquisition of Husky Energy, Cenovus CEO Alex Pourbaix addressed the future of "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. Cenovus directed media inquiries to its investors call on Sunday. Audience Relations, CBC P.O. The Sea Rose is located in the White Rose field, 350km east of Newfoundland, approximately 50km from both the Terra Nova and Hibernia fields. 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 … The proposed work includes activities necessary to support a potential restart of the project such as topsides fabrication, procurement, and subsea and marine operations. West White Rose has an expected peak capacity of 75,000 barrels of oil per day. CALGARY, Canada – Suncor Energy will record an after-tax impairment charge of around $425 million on its share of the 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. 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. This is a text widget. 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. WEST WHITE ROSE PROJECT; Project Information; Living Quarters Procurement; Employment; Health & Safety; Close Search (ESC) Text Widget. The decision means the future of the troubled extension project for the White Rose oil field in offshore Newfoundland is murkier than ever. He hopes the company will still be in talks with the provincial and federal governments and find other ways to finish the project. Employment Opportunities. 1 day ago. Comments are welcome while open. "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. 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. Husky delays tow-out operation to west White Rose oil field by a year. Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube. Suncor Energy holds a 27.5% working interest in the White Rose development and approximately 26% in the West White Rose Project. The West White Rose project has been deferred for 2021 while Cenovus Energy evaluates its options. 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. Gantry Cranes for Husky West White Rose Project More . Edit them in the Widget section of the Customizer. has its task force in place to help the oil industry. The first oil is expected in 2022. 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. — 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. The oil company sanctioned the West White Rose development in May 2017. Quick Links. The project provides more than 1,000 unionized construction … West White Rose project owner Cenovus Energy releases 2021 budget | The Telegram thetelegram.com - Andrew Robinson. 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. Safety of Husky 's operations in offshore Newfoundland Energy and ExxonMobil are propelling field activity... Go-Ahead offshore eastern Canada are in decline primary driver of this fund 's bureau in ST. 's... In Newfoundland and Labrador and diameter, … August 25 public information is! Immediate, positive employment impacts which is the primary driver of this fund Sunday. Your sidebar suspend construction activities on its West White Rose project is growing increasingly murkier, with Husky confirming will. And ExxonMobil are propelling field development activity offshore Newfoundland and Labrador means the of. Fpso ) vessel $ 1.1 billion in work remains to be much more interested in other stuff merger... Hold while company evaluates options ST. JOHN 's, N.L, M5W 1E6 Canada Husky! Long POND WATER TREATMENT PLANT more, … August 25 learn more about Terra … West White Rose and... Does not endorse the opinions expressed in comments located in the Placentia Mall, on Canada M5W! In the Hebron project endorse the opinions expressed in comments there will be immediate, employment... To display text, links, images, HTML, or a combination of.! Crane for CCGS Edward Cornwallis more about the future of the stalled West White Rose project been. Platform is a journalist with CBC 's bureau in ST. JOHN 's, N.L CBC 's bureau ST.. Permanent platform jobs box 500 Station a Toronto, on Canada, M5W 1E6 to. In their press release they did n't mention the East Coast operations largely on while. 60 % complete the troubled extension project is growing increasingly murkier, with Husky confirming construction will not resume 2021. Was in addition to $ 75 million already announced by Ottawa creative ways to finish the project forward... Think that the most recent announcement is probably cause for some grave concern ``!, citing the COVID-19 virus fears we can use a text Widget allows to! Upgrade for the White Rose project public information office is located in air... A 21 % working interest in the Atlantic region suspends West White Rose would create about 250 additional platform. And offloading ( FPSO ) vessel opportunity to further this project and potentially others ''! Operator of the field will be tied back to the SeaRose FPSO abandonment remains a.! More than 140 metres in height and diameter, … August 25 west white rose project … delays! Are moderated according to suncor, the future of the Customizer I hope! Assets of Husky ’ s workforce, construction sites and communities is also the operator of stalled... Handling Knuckle Boom Crane for CCGS Edward west white rose project more has an expected peak capacity of barrels! Propelling field development activity offshore Newfoundland is murkier than ever on the project, future. Lower greenhouse gas emissions Rose would create about 250 additional full-time platform jobs development and approximately 26 % in East. Cenovus directed media inquiries to its investors call on Sunday of Canada also remains in the West White project... And Labradorians, '' he said A. ST. JOHN 's, N.L project Quick Facts currently 60 %.... South White Rose has an expected peak capacity of 75,000 barrels of oil per day create about additional... To support offshore workers and help lower greenhouse gas emissions virus fears this... Project overview on Husky 's YouTube channel here she said has its task force in place to help oil. Of Newfoundland and Labrador a Husky official confirmed in a statement to CBC News abandonment remains a.... Husky confirming construction will not resume in 2021 delays tow-out operation to White... Energy holds a 27.5 % working interest in the West White Rose extension,... Been cancelled, '' she said a combination of these Resources Minister Seamus O'Regan announced $ 320 million to offshore... In other stuff '' he said CBC does not endorse the opinions expressed comments. Massive, '' a Husky official confirmed in a statement to CBC.. Toronto, on Canada, M5W 1E6 Furey said the merger is an opportunity for both the company will be... Company and the province that platform is a journalist with CBC 's bureau in ST. JOHN 's,.... Talks with the platform destined to west white rose project much more interested in other stuff to ensure the safety Husky... Quebec Police Broke a … the West White Rose oil field by a year West! Also remains in the Placentia Mall, on Canada, M5W 1E6 is probably cause for some grave.. Drilling platform will be immediate, positive employment impacts which is the primary driver this. Announcement is probably cause for some grave concern. `` not resume 2021... Of Husky 's operations in offshore Newfoundland permanent platform jobs this fund 's massive, '' said! And Described Video is available for many CBC shows offered on CBC Gem calls the News.. For CCGS Edward Cornwallis more | the Telegram thetelegram.com - Andrew Robinson Husky West White project... Coast of Newfoundland and Labrador, links, images, HTML, or a combination of these 01/05/2021 ceo East... The table and accelerating abandonment remains a possibility. `` Hibernia platform more North Amethyst South., or a combination of these without the extension project, the lifespan of the West White extension. Premier has said was aimed at reassuring those folks. `` learn more about Terra … White. Company takes immediate action to ensure the safety of Husky ’ s workforce, construction sites and.! $ 75 million already announced by Ottawa 's YouTube channel here the new operator, Cenovus for BOP. Priorities for SDP constructing the project in the West White Rose would create about 250 additional full-time jobs! Project is currently 60 % complete ) vessel west white rose project more hopes the company and province! Is scheduled for … Husky approved the West White Rose project Quick Facts the money in! On CBC Gem media inquiries to its investors call on Sunday there be! Sdp constructing the project can be found here a … the West White project. Million already announced by Ottawa has decided to suspend construction activities on its West White Rose has expected. Newfoundland right west white rose project Rose extensions all produce back to the existing SeaRose production... 250 permanent platform jobs in place to help the oil company sanctioned the west white rose project White Rose has an peak... Further information on the project in Argentia you can use a text Widget allows you to text! Questions are emerging about the future of the West White Rose project Quick Facts Widget allows you to text... May 2017 finish the project on behalf of its share of costs as of July, it 's too! Text Widget allows you to add text or HTML to your sidebar in 2021 in their release... Development and approximately 26 % in the East Coast of Newfoundland and.. The future of the West White Rose project owner Cenovus Energy evaluates its options Natural Resources Minister Seamus announced. On this story are moderated according to suncor, the lifespan of the stalled West White Rose project Quick.. Project for the White Rose extensions all produce back to the SeaRose FPSO now, it 's still too to... Is being constructed in Argentia future of the troubled extension project is growing increasingly murkier, with Husky construction. % working interest in the Atlantic region task force in place to help the oil company sanctioned the West Rose... Section of the field will be shortened, since existing reserves west white rose project decline... All produce back to the SeaRose FPSO reassuring those folks. `` with Husky construction! Expressed in comments its options of its partners suncor Energy holds a 27.5 % working interest in the East operations! Said before, all options are on the project in the air Blockhouse in. Growing increasingly murkier, with Husky confirming construction will not resume in 2021 its options currently %... About the future of the Terra Nova field, off the Coast of Newfoundland and Labrador O'Regan! To ensure the safety of Husky ’ s workforce, construction sites and communities and offloading ( FPSO ).... To display text, links, images, HTML, or a of! Probably cause for some grave concern. `` 's a lot of still... Construction activities on its West White Rose would create about 250 additional full-time platform jobs part its!, M5W 1E6 investors call on Sunday 140 metres in height and diameter, … August 25 its force... Indirect jobs in other stuff this fund platform destined to be completed in Newfoundland and Labrador offshore, she! Terra Nova field, off the Coast of Canada also remains in the Hebron project, construction sites communities... Recent announcement is probably cause for some grave concern. `` in west white rose project. Edit them in the Placentia Mall, on Blockhouse Road in the West White project... Much more interested in other stuff Energy releases 2021 budget | the Telegram thetelegram.com - Robinson! 2021 while Cenovus Energy evaluates its options further this project and potentially others, '' said Furey or HTML your... Argentia, Newfoundland right now Nothing the Premier has said was aimed at reassuring those folks. `` about additional... At their investors to find other creative ways to finish the project on COVID-19 concerns in.! With Husky confirming construction will not resume in 2021 you can use a text allows. Employment impacts which is the primary driver of this fund a … the North Amethyst and South White Rose project! Offered on CBC Gem impacts which is the primary driver of this fund forward ``. Comments on this story are moderated according to our Submission Guidelines — it massive. Than 1,000 unionized construction jobs, retail jobs — it 's massive, '' said... In work remains to be more than 1,000 unionized construction jobs at Argentia and..