Nova Scotia offshore blocks draw no bids

Nova Scotia received no bids for the six offshore blocks on offer for oil and gas licensing (OGJ Online, May 3, 2016).

Three of the blocks are in shallow water on the Scotian Shelf south of Sable Island, adjacent to existing natural gas production.

The other three blocks are to the south in deeper water.

The Canada-Nova Scotia Offshore Petroleum Board opened bidding last May.

It’s accepting through Dec. 1 nominations for acreage to be included in the next call for bids next spring.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...