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The Economy 2001 Major Projects |
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| Project | Capital Cost ($Millions) | Start/End Date | Zone | Comments/Location |
| Garden Hill Oil & Gas Development | 5.0-10.0 | 2001 | 9 & 19 | Canadian Imperial Venture Corp. - figures cover the company’s 2001 budget and include drilling, seismic data collection and production battery. (Port au Port & St. John’s) |
| Terra Nova Oil Development | 2,500.0 | 1997/01 | N/A | Terra Nova Project - expenditures cover the pre-production phase of the development. Includes the construction of the production vessel and topsides for the vessel; excavation of glory holes; drilling; fabrication and installation of subsea system; and hook-up and commissioning of vessel. Owners have indicated recently that costs could increase by up to 15% above stated value. (Various locations) |
| White Rose Oil Development | 1,769.0 | 2000/04 | N/A | Husky Oil Limited and Petro-Canada - figures are pre-production capital only. Includes the construction of production vessel and modules for vessel; excavation of glory holes; drilling; fabrication and installation of subsea system; and hook-up and commissioning of vessel. Figures in constant 2000 dollars. (Various locations) |
Major Projects: Tourism/Culture/Recreation section continued on next page. |
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The Economy 2001 Major Projects |
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