News Releases 2004

Board Authorizes Terra Nova FPSO to resume production

For Immediate Release
December 15, 2004

The C-NOPB has authorized the Terra Nova FPSO to resume production.

On December 1, 2004, the C-NOPB placed a condition on the Terra Nova Production Operations Authorization (POA) that until certain outstanding maintenance work was complete; the FPSO could not produce hydrocarbons.

“Over the last two weeks, Petro-Canada has completed work on the safety items we had identified as outstanding during previous audits,” explained C-NOPB Chief Safety Officer, Howard Pike. “The integrity of the facility as a safe installation was not in question. However, these outstanding maintenance issues needed to be done for the FPSO to continue meeting the high standard of safety we expect here in the Newfoundland & Labrador offshore area.”

In order for any oil and gas activity to go ahead in the Newfoundland & Labrador offshore area, permission, in the form of authorizations, must be granted by the C-NOPB. The Terra Nova POA, which gave them approval to operate on the field, was due to expire at the end of August 2004. At that time, the Board decided not to approve Petro-Canada’s application for a 3-year POA but to give a 90-day extension with specific work requirements. While significant progress on the outstanding issues had been made at the end of November, a number of issues remained incomplete. The Board gave a further 60-day extension to January 30, 2005, with the condition that no production take place until the required maintenance was completed. That condition has been met. The C-NOPB will conduct a follow-up audit before a new POA is issued.

Media Contact:
Simone Keough APR
Manager, Communications
(709) 778-1418
(709) 687-7429 (cell)


News Releases 2004

DateUpdate
2004, Dec 26Board Authorizes Terra Nova FPSO to re-start its produced water processing system and begin producing from wet wells
2004, Dec 20Spill Reported from Terra Nova FPSO
2004, Dec 15Board Authorizes Terra Nova FPSO to resume production
2004, Dec 10Comments sought on the Environmental Assessment Scoping document for a proposed exploratory drilling program in the Orphan Basin
2004, Dec 10Orphan Basin Exploration Drilling Program Project Registry – CEAR No. 04-03-7972
2004, Dec 10le bassin Orphan
2004, Dec 1Today, the Board is announcing two decisions related to the Terra Nova FPSO
2004, Dec 1Production Operations Authorization (POA)
2004, Nov 28Update on Recovery Efforts for Terra Nova Incident
2004, Nov 27Suspension Order Lifted on Henry Goodrich
2004, Nov 25Board Now Investigating Additional Spill at Henry Goodrich
2004, Nov 232004 Land Sale Results
2004, Nov 21Board Investigates Spill from Terra Nova FPSO
2004, Oct 22Board Investigates Spill from Drilling Rig
2004, May 20Canada-Newfoundland Offshore Petroleum Board Releases Flemish Pass Basin Hydrocarbon Resource Estimate
2004, May 19C-NOPB Releases Revised Reserve and Discovered Resource Estimates for Terra Nova
2004, May 4Negotiated Licences for Laurentian Sub-basin Announced
2004, Mar 232004 CALL FOR BIDS
2004, Jan 23Strategic Environmental Assessment Released