Offshore Projects and Exploration in Nova Scotia
Two natural gas projects are located offshore Nova Scotia:
- The Sable Offshore Energy Project, operated by ExxonMobil, began producing natural gas in 1999. The project is located on the Scotian Shelf, about 200 kilometres off the coast of Nova Scotia. While the project continues to provide significant employment and economic benefits to Nova Scotia, it is a mature field and decommissioning activities are approaching.
- Deep Panuke, operated by Encana Corporation, started producing and processing natural gas from the Deep Panuke field in 2013. The project is located about 250 kilometres southeast of Halifax on the Scotian Shelf.
Growth Potential and Exploration Activity
Nova Scotia’s resource potential is significant. Combined with proximity to market and existing infrastructure, this potential is attractive for potential investors.
Investing in the Community
Nova Scotia’s oil and natural gas industry is creating jobs; opportunities for local business; and investment in research and development, education, and training. Communities throughout the province benefit from the resource royalties and taxes paid to governments resulting from oil and natural gas activity.
Below are examples of community programs and projects supported by Nova Scotia’s offshore operators and explorers:
- Encana and ExxonMobil are major supporters of Techsploration, a program dedicated to empowering young women to explore careers in science, trades and technology. Read more about the industry’s support for the Techsploration program.