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The Canada-Newfoundland Offshore Petroleum Board (C-NLOPB) manages
the petroleum resources in the Newfoundland Offshore Area on behalf
of the Government of Canada and the Government of Newfoundland and
Labrador. The Board's responsibilities include:
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granting and administering offshore areas interests ("land sales"); |
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authorizing seismic and drilling programs; |
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declaring significant and commercial discoveries. |
| The Boards offshore jurisdiction is defined by the
Canada-Newfoundland and Labrador Atlantic Accord
Implementation Newfoundland and Labrador Act section 2(o). Through an annual Call for Nominations process the
Board identifies potential areas for land sales to be included in a
follow up Call for Bids. Subject to approval by the responsible
federal and provincial Ministers review, the Board uses a formal
Call for Bids to invite exploration bids on approved offshore land
parcels. The latest Call for Nominations and Call for Bids
information can be found under "Land Information" at
C-NLOPB's
website. Supplementary information is available through the
Energy Branch. Up-to-date
offshore oil and gas resource licence information (i.e.; exploration,
significant discovery, production) can also be found at
C-NLOPB's
website.
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The Canada-Newfoundland Offshore Petroleum Board (C-NLOPB) regulates
the oil and gas industry offshore Newfoundland and Labrador on
behalf of the governments of Canada and the Province of Newfoundland
and Labrador. It administers the provisions of the provincial
legislation known as the
Canada-Newfoundland Atlantic Accord Implementation Newfoundland Act
and supporting
regulations and the federal legislation known as the
Canada-Newfoundland Atlantic Accord Implementation Act.
The Board operates autonomously in carrying out its role in
resource management, safety, environmental protection and industrial
benefits except where the Accord Acts prescribe that specific
decisions are subject to the approval of the federal and provincial
energy minister. Negotiation of establishment of royalty regimes,
promotion of oil and gas resources, making or changing relevant
legislation and decisions subject to ministerial approvals remain
the prerogative of governments.
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The Government of Newfoundland and Labrador is responsible for the
negotiation and establishment of royalty regimes for offshore oil and
gas resources. Specific royalty agreements were negotiated for the
province's first two offshore oil projects -
Hibernia
 (pdf - 232kb)
and
Terra Nova
(pdf - 227kb). However, in 1996 the province introduced a
Generic Offshore Royalty Regime which applies to all offshore oil
projects with the exception of Hibernia and Terra Nova. The province
is also developing a new Generic Offshore Natural Gas Royalty Regime.
In 1996 the province introduced a Generic Offshore Royalty
Regime which applied to all offshore oil projects (with the
exception of Hibernia and Terra Nova) developed at that time.
The province is currently developing a new Generic Offshore
Natural Gas Royalty Regime. |
Offshore Opportunities & Regulatory Matters
Canada-Newfoundland and Labrador Offshore Petroleum Board
Web: www.cnopb.nfnet.com
Royalty Regimes
Petroleum Projects Monitoring Division
For information regarding the Generic Offshore Royalty
Regime please contact:
Petroleum Projects Monitoring Division
Department of Natural Resources
P.O. Box 8700
Natural Resources Building
50 Elizabeth Avenue
St. John's, NL
Canada A1B 4J6
Phone: (709) 729-4678
Fax: (709) 729-2508
Email: ppm@gov.nl.ca
Web:
www.nr.gov.nl.ca
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