Shell gets environmental ok for Canada offshore drilling project
Markets | Mon Jun 15, 2015
Canada’s environment ministry on Monday said it had approved an East Coast offshore drilling project led by Royal Dutch Shell Plc, saying the exploration project was “not likely to cause significant adverse environmental effects.”
The approval is contingent on the company meeting numerous conditions, including mitigating the potential impact on fish and marine habitats, among other things, the government said in a statement.
The Shelburne Basin Venture Exploration Drilling project, which is operated by Shell, consists of up to seven exploration wells located some 250 kilometers (155 miles) off the coast of the province of Nova Scotia, on Canada’s East Coast.