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IS - Canada loosens regulations for exploration off Newfoundland - June 2020

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Canada’s Ministry of Environment and Climate Change released a new regulation on June 4 to improve process efficiency for exploratory drilling off Newfoundland and Labrador. The Oprhan, Flemish Pass and Jeanne d’Arc basins and other nearby areas will be excluded from a requirement to undergo a project-specific federal impact assessment. Instead, exploration projects will only be subject to regulatory review overseen by the Canada-Newfoundland and Labrador Offshore Petroleum Board. Development projects are not affected......
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