"For years, FPSOs have been used in international operations, especially the North Sea. In Canada, FPSO use has already begun on two major oil fields. “We currently have two FPSOs working in the Newfoundland and Labrador offshore areas between 200 and 300 kilometers offshore,” said Sean Kelly, spokesperson for the Canada-Newfoundland and Labrador Offshore Petroleum Board.
Searose is working the White Rose field in offshore Newfoundland and Labrador. “The (C-NLOPB) approved in April 2007 the application by Husky Oil for an increase in production from 100,000 barrels of oil per day to 125,000 barrels a day,” Kelly said. A further increase to 137,000 barrels per day is possible after a testing program."
Market Data 
Markets 
AI
