Offshore staff
DOHA, Qatar — QatarEnergy has entered a farm-in agreement with ExxonMobil Canada for two exploration licenses offshore Newfoundland and Labrador, eastern Canada.
The transaction, which has completed all necessary formalities with the Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB), gives a 28% interest in EL 1167, where planning is underway for the Gale exploration well and associated activities.
ExxonMobil Canada remains operator with a 50% interest, while Calgary-based Cenovus Energy holds 22%.
QatarEnergy also now has a 40% position in EL 1162, and ExxonMobil Canada (operator) has the remaining 60%.
EL 1167 and EL 1162, both in water depths ranging from 100 m to 1,200 m, cover respective areas of about 1,420 sq km and 2,400 sq km.
03.30.2023
![Rhenus Logistics Market Entry Canada[18]](https://img.offshore-mag.com/files/base/ebm/os/image/2023/02/16x9/Rhenus_Logistics_Market_Entry_Canada_18_.63fe40ad32495.png?auto=format,compress&fit=crop&q=45&h=139&height=139&w=250&width=250 "Rhenus Logistics Market Entry Canada[18]")
