The merger of Husky Energy with former rival Cenovus topped the agenda in the House of Assembly this afternoon.
Premier Andrew Furey says he learned of the deal around the same time as everyone else on the weekend, and wasted no time reaching out, though no talks are scheduled yet.
The Premier said he sees the mega-merger as an opportunity for the newly formed company and the province, given the much-heralded low carbon oil and gas in the province’s offshore. Plus, the premier said, it’s a good thing any time there’s a new player on the scene.
(File photo.)
Energy Minister Andrew Parsons, meanwhile, said there’s no question about the viability of West White Rose, and fully expects its potential to be realized once the smoke clears from COVID-19.
On that note, Parsons said discussions continue with Husky on how best to prepare for a restart, which he acknowledged likely won’t happen before 2022.
In the meantime, the government will concentrate on how best to use the $320-million from Ottawa to care for the project and its displaced workers.
(White Rose topside construction in 2018.)
