Exploration Before Development
Exploration drilling to map the field began in the 1960s and continued into the 1980s, with the loss of the Ocean Ranger mobile offshore drilling unit (MODU) in the process. In the mid-1980s, a new Conservative federal government under Brian Mulroney pledged that then Crown corporation Petro-Canada (now part of Suncor Energy) would be a lead player in creating a commercially viable offshore development on the Hibernia field. Hibernia would become one of a series of regional "mega-projects" that Mulroney's government started across Canada during this time.
Read more about this topic: Hibernia Oil Field
Famous quotes containing the words exploration and/or development:
“The future author is one who discovers that language, the exploration and manipulation of the resources of language, will serve him in winning through to his way.”
—Thornton Wilder (18971975)
“The work of adult life is not easy. As in childhood, each step presents not only new tasks of development but requires a letting go of the techniques that worked before. With each passage some magic must be given up, some cherished illusion of safety and comfortably familiar sense of self must be cast off, to allow for the greater expansion of our distinctiveness.”
—Gail Sheehy (20th century)