Overview of the New Legal Era for Development Projects in the Newfoundland and Labrador Offshore

  • Todd Stanley, Q.C.

Abstract

Petroleum projects offshore Newfoundland and Labrador continue to hold promise. The 20-year history of these projects developed within a legal and regulatory context that is currently being overhauled. This article outlines key similarities among Newfoundland and Labrador’s original offshore petroleum projects, describing them as projects of a legal era that is drawing to a close. The article then proceeds to recount the key features of a new legal and regulatory landscape that the up-and-coming offshore petroleum projects will face. Major elements of this new legal era include: changes in supporting legal structure, shortened lead time between discovery and development, new entrants (including increased interest from major international companies), new locations, and changes to the environmental assessment regime.

Published
2019-12-02
How to Cite
Stanley, Q.C., T. (2019). Overview of the New Legal Era for Development Projects in the Newfoundland and Labrador Offshore. Alberta Law Review, 57(2), 361. https://doi.org/10.29173/alr2579
Section
Articles