Government of Canada and St John's Dockyard announced partnership for offshore structuresNews // July 4, 2003
This is one of Technology Partnerships Canada's first investments under the shipbuilding and industrial marine initiative in response to the industry's interest in the participation of Technology Partnerships Canada.
"This project underlines the firm commitment of the Government of Canada to work with Canadian companies to advance needed research and development in our shipbuilding and industrial marine industry," said Minister Rock.
"Technology Partnerships Canada's investment with St. John's Dockyard provides an excellent opportunity for Canada, and the Atlantic Region, to benefit from offshore oil and gas exploration and retraction."
The investment supports the development of technologies identified as priorities in the recently released Shipbuilding and Industrial Marine Technology Roadmap. St John's Dockyard will increase its presence in the Canadian offshore oil and gas industry by advancing current capabilitiesbeyond the state-of-the-art and establish itself as a leading supplier of subsea structures in the Atlantic Region. St. John's Dockyard will work with oil and gas partners to attract the latest industry-related technologies to Canada.
"This partnership with the Government of Canada supports the goal to employ Newfoundlanders in the offshore industry from work sites in Newfoundland," said Ches Penney, President and Chief Executive Officer of St. John's Dockyard. "Technology leadershipis vital to our future growth."
"Technology transfer is an important aspect of the development of Canada's oil and gas industry on the East Coast. The Newfoundland Ocean Industries Association is pleased that this is as much of a priority for the Government of Canada, as it is for theAssociation," said Leslie Galway, President and Chief Executive Officer of the Newfoundland Ocean Industries Association.