Noia concludes its 2021 Oil & Gas Conference

9/23/2021

ST. JOHN’S, NEWFOUNDLAND, CANADA - The Noia Oil & Gas Conference 2021 concluded after two highly successful days discussing the recent challenges faced but with a keen focus on creating a successful future for the Newfoundland and Labrador offshore oil and gas industry.

Collaboration was a key area of discussion throughout the conference as Noia members shared their personal experiences of working together during the pandemic and the successes achieved through cooperation. Another area of discussion was how best to leverage the considerable skills and experience of members in new markets. Suncor Energy and Cenovus Energy provided updates on their activities in the Newfoundland and Labrador offshore, including Suncor’s recent announcement about moving ahead with the Terra Nova asset life extension program. Today, Torstein Hole, President of Equinor Canada, spoke to their plans for the Newfoundland and Labrador offshore, including the highly anticipated Bay du Nord project and plans for a related exploration program in 2022.

The keynote lunch address on Wednesday was a dynamic event delivered by Newfoundland and Labrador’s Bethany Downer, Chief Communications Officer, Hubble Space and Director of Communications, STAR HARBOUR. Bethany discussed ways the oil and gas industry can leverage the space sector’s experience for sustainability and future prosperity.

Provincial Industry, Energy and Technology Minister Andrew Parsons spoke during the final session and reaffirmed the province’s commitment to reenergizing and advancing Newfoundland and Labrador’s offshore oil & gas industry and announced $1M in funding for Noia and econext for a net zero project in the offshore oil and gas industry. As well, Memorial University President Dr. Vianne Timmons spoke to delegates about the role the university will play in the province’s economic recovery.

The Noia Oil & Gas Conference 2021 concluded with the NL Energy Shave which saw members of the offshore oil and gas industry raise over $265,000 for Young Adult Cancer Canada (YACC), a national charity based in Newfoundland and Labrador that supports young adults living with cancer. Leading the NL Energy Shave, Mark Collett, COO of Crosbie, raised the largest amount in the history of YACC by shaving his head for this important cause.

“After a difficult almost two years, the Noia Oil & Gas Conference 2021 was an important event that brought the industry back together to reenergize for the future. During the last two days we heard promising updates from offshore operators and those involved in the Newfoundland and Labrador offshore oil and gas industry supply and service sector. Information provided by operators about opportunities with the Terra Nova asset life extension project, exploration plans, and approaches to working with the supply and service sector was welcomed by delegates and all industry members. An ongoing theme at this year’s conference was collaboration and leveraging our experience to regain momentum and reach our full potential. I sincerely thank everyone, from our speakers and delegates to sponsors and volunteers, for working with us to make the Noia Oil & Gas Conference 2021 an overwhelming success,” Noia CEO, Charlene Johnson said.

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