CALGARY-BASED Husky Energy has laid off more than 70 oil workers in eastern Canada, a day after receiving a C$41.5 million (US$32.5 million) government handout - and agreeing to match this investment - to support its stalled West White Rose project off Newfoundland & Labrador. Earlier this year, Husky -which is being acquired by Cenovus Energy - stalled work on West White Rose and the construction of a concrete gravity-based structure at Argentia in Newfoundland, citing low oil prices and cash flow issues. The provincial government appealed for support from the federal government for the project and its upstream sector, which was granted last month to the tune of C$320 million, some of which was allocated to keep West White Rose on the back burner in the hope the project is revived in 2021 or 2022.
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