ST. JOHN’S, N.L. — Newfoundland and Labrador is uniquely equipped to lead Arctic oil exploration and development as a North American “staging ground,” says Premier Tom Marshall.
The province already has a proven track record of safe offshore production in some of the harshest conditions on Earth, he told an oil and gas conference Wednesday in St. John’s.
“The land of frigid Junes and the land of Iceberg Alley is well prepared to take on the challenges of development in the Arctic. Having cut our teeth here, we are prepared to lead there,” Marshall said in a speech to the Newfoundland and Labrador Oil and Gas Industries Association conference.
“This would be an ideal North American staging ground for Arctic operations.”
Outside the conference, Marshall said safety must always come first.
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