West White Rose prolongation plan to get permit as early as March
A large proclamation is set to siphon some fad into a Newfoundland and Labrador oil and gas industry.
Sources tell CBC News that Husky Energy is only weeks divided from strictly supporting a long-awaited West White Rose prolongation project, with construction to start as early as this spring.
After some-more than dual years of evaluating a growth options for a project, Husky has motionless to ensue with a petrify sobriety structure, or wellhead platform, that will be built during a Argentia site in Placentia.
The timing couldn’t be improved for Newfoundland and Labrador’s offshore oil industry.Â
The FPSO SeaRose is approaching to routine oil pumped during a West White Rose field.
Construction jobs are disintegrating fast as a Hebron Project solemnly winds down during Bull Arm, with a large oil height scheduled to be towed out to sea after this year.
The West White Rose platform, meanwhile, will be identical to Hibernia and Hebron, though there’s one vital difference: a oil will be pumped to a circuitously SeaRose FPSO — a vessel famous as a floating production, storage and offloading section — for processing.
Living buliding to be built locally: sources
Sources contend a vital buliding procedure will be built in Newfoundland and Labrador, with 3 internal companies competing for a contract.
The drilling procedure is expected to be built in Asia.
The prolongation will lengthen a life of a White Rose oil margin some 350 kilometres southeast of St. John’s, on a eastern corner of a Jeanne d’Arc Basin.
It’s one of 3 producing oil fields in a offshore, along with Hibernia and Terra Nova.
The plan was expel into doubt in late 2014 when Husky announced it was deferring a final investment preference since of a pile-up in oil prices.
The association also announced it was study either a best choice was a wellhead platform, or a sub-sea growth tied behind to a SeaRose.
Sources contend Husky has staid on a height judgment after anticipating some substantial cost savings, and since a height will concede a association to redeem most some-more oil from a field.
First oil from a West White Rose prolongation was creatively scheduled for 2017.
A new date for initial oil is not known.
Article source: http://www.cbc.ca/news/canada/newfoundland-labrador/oil-project-white-rose-1.3989128?cmp=rss