Article: Bloom Back on Newfoundland's Offshore White Rose Oil Field,.(Petro- Canada, Husky Energy to co-develop offshore Newfoundland White Rose oil field)(International Pages)(Brief Article)(Statistical Data Included)

Bloom Back on Newfoundland's Offshore White Rose Oil Field, Plans to Use FPSO

The bloom is back on the rose. Despite pessimism generated last month by the shelving of the Hebron-Ben Nevis project off eastern Canada (OD Feb.14,p1) and Exxon Mobil's reported intention to unload exploration leases in the area, Petro- Canada and operator Husky Energy said last week they had agreed to co-develop the offshore Newfoundland White Rose oil field.

White Rose was probably never really in as serious jeopardy as Hebron. Although reservoir characteristics are an issue, they are nowhere near as daunting as at Hebron, and crude quality is not an issue at White Rose. ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!