The Development of the Hibernia Offshore Field: Panacea for a Depressed Regional Economy?
The development of the Hibernia offshore oil and gas field is one of the largest ventures undertaken by the oil industry in Canada. It is also the first field to be developed on Canada's Grand Banks. Located in waters adjacent to the east coast of Canada's least developed, its discovery le...
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Language: | English |
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1994
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Online Access: | http://dx.doi.org/10.1177/014459879401200405 http://journals.sagepub.com/doi/pdf/10.1177/014459879401200405 |
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crsagepubl:10.1177/014459879401200405 2023-05-15T17:20:45+02:00 The Development of the Hibernia Offshore Field: Panacea for a Depressed Regional Economy? Locke, L. Wade Feehan, James P. 1994 http://dx.doi.org/10.1177/014459879401200405 http://journals.sagepub.com/doi/pdf/10.1177/014459879401200405 en eng SAGE Publications http://journals.sagepub.com/page/policies/text-and-data-mining-license Energy Exploration & Exploitation volume 12, issue 4, page 265-293 ISSN 0144-5987 2048-4054 Energy Engineering and Power Technology Fuel Technology Nuclear Energy and Engineering Renewable Energy, Sustainability and the Environment journal-article 1994 crsagepubl https://doi.org/10.1177/014459879401200405 2022-04-14T04:33:49Z The development of the Hibernia offshore oil and gas field is one of the largest ventures undertaken by the oil industry in Canada. It is also the first field to be developed on Canada's Grand Banks. Located in waters adjacent to the east coast of Canada's least developed, its discovery led to hope of prosperity for Newfoundland. The project offers the prospects of employment royalties and development of other offshore fields. With these prospects in mind, federal and provincial governments have provided substantial inducements to a consortium of oil companies to ensure that it would develop the field. This paper reviews Hibernia's controversial past and assesses the extent to which it may serve as a catalyst for economic recovery in Newfoundland. Article in Journal/Newspaper Newfoundland SAGE Publications (via Crossref) Canada Energy Exploration & Exploitation 12 4 265 293 |
institution |
Open Polar |
collection |
SAGE Publications (via Crossref) |
op_collection_id |
crsagepubl |
language |
English |
topic |
Energy Engineering and Power Technology Fuel Technology Nuclear Energy and Engineering Renewable Energy, Sustainability and the Environment |
spellingShingle |
Energy Engineering and Power Technology Fuel Technology Nuclear Energy and Engineering Renewable Energy, Sustainability and the Environment Locke, L. Wade Feehan, James P. The Development of the Hibernia Offshore Field: Panacea for a Depressed Regional Economy? |
topic_facet |
Energy Engineering and Power Technology Fuel Technology Nuclear Energy and Engineering Renewable Energy, Sustainability and the Environment |
description |
The development of the Hibernia offshore oil and gas field is one of the largest ventures undertaken by the oil industry in Canada. It is also the first field to be developed on Canada's Grand Banks. Located in waters adjacent to the east coast of Canada's least developed, its discovery led to hope of prosperity for Newfoundland. The project offers the prospects of employment royalties and development of other offshore fields. With these prospects in mind, federal and provincial governments have provided substantial inducements to a consortium of oil companies to ensure that it would develop the field. This paper reviews Hibernia's controversial past and assesses the extent to which it may serve as a catalyst for economic recovery in Newfoundland. |
format |
Article in Journal/Newspaper |
author |
Locke, L. Wade Feehan, James P. |
author_facet |
Locke, L. Wade Feehan, James P. |
author_sort |
Locke, L. Wade |
title |
The Development of the Hibernia Offshore Field: Panacea for a Depressed Regional Economy? |
title_short |
The Development of the Hibernia Offshore Field: Panacea for a Depressed Regional Economy? |
title_full |
The Development of the Hibernia Offshore Field: Panacea for a Depressed Regional Economy? |
title_fullStr |
The Development of the Hibernia Offshore Field: Panacea for a Depressed Regional Economy? |
title_full_unstemmed |
The Development of the Hibernia Offshore Field: Panacea for a Depressed Regional Economy? |
title_sort |
development of the hibernia offshore field: panacea for a depressed regional economy? |
publisher |
SAGE Publications |
publishDate |
1994 |
url |
http://dx.doi.org/10.1177/014459879401200405 http://journals.sagepub.com/doi/pdf/10.1177/014459879401200405 |
geographic |
Canada |
geographic_facet |
Canada |
genre |
Newfoundland |
genre_facet |
Newfoundland |
op_source |
Energy Exploration & Exploitation volume 12, issue 4, page 265-293 ISSN 0144-5987 2048-4054 |
op_rights |
http://journals.sagepub.com/page/policies/text-and-data-mining-license |
op_doi |
https://doi.org/10.1177/014459879401200405 |
container_title |
Energy Exploration & Exploitation |
container_volume |
12 |
container_issue |
4 |
container_start_page |
265 |
op_container_end_page |
293 |
_version_ |
1766101896229027840 |