CAN - Chevron Canada Voluntarily Relinquishes West Coast Canada ...
The operator had been in communication with government about the future of the permits since 2020.
Chevron Canada Ltd. is voluntarily relinquishing 19 offshore oil and gas permits on Canada’s west coast within the Scott Islands marine National Wildlife Area and the Hecate Strait and Queen Charlotte Sound Glass Sponge Reefs Marine Protected Area.
The permits cover an estimated 5700 km2 that overlap portions of federal marine-protected areas offshore British Columbia.
The relinquishment of these permits ensures the area continues to fully count towards the Government of Canada’s international marine conservation targets.
“Chevron is continually assessing its portfolio and has been in communication with Natural Resources Canada since 2020 on the opportunity to contribute to the Government of Canada’s international marine conservation targets,” said Christopher Mazerolle, president, Chevron Canada.
Chevron Canada holds interests in oil sands projects and shale gas acreage in Alberta as well as exploration, development, and production projects offshore Newfoundland and Labrador.