Education & training and research and development fund

As part of the development and operation of the Deep Panuke offshore natural gas project Encana committed to funding the advancement of education, training, research and development in relation to offshore petroleum resource activities in Nova Scotia. These funds were administered by Encana as directed by the Canada-Nova Scotia Offshore Petroleum Board (CNSOPB).

Encana supported research projects under themes and topics relevant to offshore oil and gas development. Eligibility for funding, among other requirements, meant research activities had to take place in Nova Scotia.

Support was provided to fund four calls for proposals. The first three calls explored topics in offshore geosciences, offshore safety and risk and engineering. The final call focused on topics related to the environment with awards granted in the spring of 2013. The successful recipients were:

  • The Ocean Tracking Network at Dalhousie University to understand blue shark behaviour and ecosystem health in the Atlantic Ocean. To learn more about the study, visit the Dalhousie media webpage.
  • Stantec Consulting Limited in Dartmouth, NS, in collaboration with experts at Dalhousie University, to develop a state-of-the-art model for subsea natural gas release and dispersion from offshore wells.
  • Akoostix Inc. in Dartmouth, NS, to develop better ways to track whales offshore using passive acoustic monitoring.
  • St. Francis Xavier University in Antigonish, NS, to develop innovative fiber optic sensors for detecting dissolved natural gas near the seafloor. Click here to learn more about the research.

ECA stock price

TSX $10.06 Can -0.16

NYSE $7.62 USD -0.15

As of 2018-11-16T16:00:00. Minimum 15 minute delay