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Cenovus subsidiary fined $1.83 mln for 2018 Canada oil spill
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Cenovus subsidiary fined $1.83 mln for 2018 Canada oil spill
Apr 26, 2024 2:55 PM

April 26 (Reuters) - A Canadian regulator said on Friday

a Cenovus Energy ( CVE ) subsidiary has been fined C$2.5

million ($1.83 million) for its role in the 2018 oil spill off

the country's Atlantic Coast.

The Canada-Newfoundland and Labrador Offshore Petroleum

Board (C-NLOPB) had laid three charges against Husky Oil

Operations Ltd for the spill - the largest in the province's

history - in October 2021. Husky was acquired by Cenovus Energy ( CVE )

for $2.9 billion in the same year.

A leaking flow line from the White Rose Field to the SeaRose

storage vessel spilled 250 cubic metres (1,572 barrels) of oil

in November 2018, temporarily shutting down all crude production

in the waters of Newfoundland and Labrador.

The company was fined after pleading guilty to a charge

related to the spill, according to the regulator's statement.

C-NLOPB said the company was ordered to pay C$2 million for

offences under the Federal Fisheries Act and Migratory Birds

Convention Act.

It was also ordered to pay C$400,000 into the Environmental

Damages Fund and C$100,000 under the Canada-Newfoundland and

Labrador Atlantic Accord Implementation Act.

Cenovus Energy ( CVE ) did not immediately respond to Reuters

request for comment.

($1 = 1.3662 Canadian dollars)

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