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What is the Canada-Newfoundland Offshore Petroleum Board (CNOPB)?

April 26, 2017canada-newfoundland Offshore Petroleum

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What is the Canada-Newfoundland Offshore Petroleum Board (CNOPB)?

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The CNOPB is the federal-provincial agency put in place to administer petroleum related activity in the offshore area. The CNOPBs duties include (among other things) the issuance and administration of petroleum rights, drilling approvals and seismic program approvals. The CNOPB also reviews and approves development plans. Certain decisions of the CNOPB (called fundamental decisions) are subject to approval by the federal and provincial energy ministers. Fundamental decisions include decisions regarding lands to be offered in a Call for Bids and the approval of development plans.