Growth in Canada’s offshore exploration and production play off the east coast is fully supported by the Newfoundland and Labrador provincial government, which is excited about the large Bay du Nord oil project and ongoing expansion of existing fields.
The province hosts four large producing offshore fields — Hibernia and Hebron, both operated by ExxonMobil; Terra Nova, operated by Suncor Energy; and the White Rose field, operated by Cenovus Energy.
