Posted Feb 25, 2013, 4:59 PM
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Registered User
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Join Date: Dec 2009
Location: St. John's, NL
Posts: 2,711
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Some more good news 
Statoil Investing in Arctic Research
Quote:
Statoil Canada will invest $5-million in private sector-led research and development in Newfoundland and Labrador to address key technological gaps in arctic oil and gas development. Companies are invited to submit proposals through an Expression of Interest.
Two initial areas have been identified for collaboration with Newfoundland-based technology providers: remote-sensing technology for safe arctic operations such as ice monitoring and management solutions, and arctic subsea production systems that are robust enough for the arctic conditions.
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http://www.vocm.com/newsarticle.asp?mn=2&id=31340
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