Open AccessOverview of the New Legal Era for Development Projects in the Newfoundland and Labrador Offshore
Author(s) -
Q.C. Todd Stanley
Publication year - 2019
Publication title -
alberta law review
Language(s) - English
Resource type - Journals
eISSN - 1925-8356
pISSN - 0002-4821
DOI - 10.29173/alr2579
Subject(s) - submarine pipeline , context (archaeology) , petroleum , face (sociological concept) , key (lock) , political science , business , engineering , geography , archaeology , sociology , geology , social science , computer science , paleontology , geotechnical engineering , computer security
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.