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Business opportunities: Global growth sustainable offshore solutions Canada

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Date(s) - 23/09/2019
12:00 - 14:30



The Bay du Nord field in the Flemish Pass off the coast of Newfoundland, Canada with estimated reserves of 300 – 600 million barrels of oil, is expected to be the next development project for Atlantic Canada. Development and production of this field will be demanding as it is remote – 500 km offshore, in water depths of 1200 metre and under very harsh climatic conditions.

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Expected to begin development in 2020, by Equinor, Bay du Nord offers business opportunities for Norwegian companies that have technology that can help reduce costs on harsh and remote drilling, maintenance and production. This includes maximizing offshore storage, and efficiencies in transportation of personnel and goods.

At the same time the O&G industry in Newfoundland is in the transition from production to enhanced recovery in mature fields with an increasing focus on Integrated Operations. Digitization and subsea innovation that can assist in cost reductions and operational and maintenance efficiencies are a priority.

‘Innovation Norway in cooperation with NCE Energy Valley have set up a program for SME´s to look closer into the Canadian offshore market.


12:00 Registration  – Light lunch
12:30 Welcome by Energy Valley.
12:45 Opportunities for Norwegian Suppliers offshore east coast Canada, Dave Keating, Local Advisor Canada, Norwegian Energy Partners.
13.15 Coffee and Tea break
13.30 Global Growth program Canada. Opportunities, experiences and requirements. Hans Inge Bollingmo, Senior adviser, Innovation Norway.
14.00 End


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