Canada-Nova Scotia Offshore Petroleum Board

Other forms of name:
Canada - Nova Scotia Offshore Oil and Gas Board

In August 1986 the federal and provincial governments signed the Canada-Nova Scotia Offshore Petroleum Resources Accord. This political compromise set aside the issues of resource ownership and jurisdiction and provided for reciprocal federal-provincial legislation called the Canada-Nova Scotia Offshore Petroleum Resources Accord Implementation Acts, which came into effect in 1990. The Canada-Nova Scotia Offshore Petroleum Board is an independent intergovernmental agency responsible for regulating Nova Scotia's petroleum industry offshore. The Board ensures that offshore operations are safely conducted; protects the environment from and during offshore petroleum exploration and extraction activities; manages offshore oil and gas resources; reviews industrial benefits and employment opportunities; issues licences for offshore petroleum resources exploration and development; and evaluates petroleum resources and collects and distributes data relating to them.

Notes: Authority record based on Statutes of Nova Scotia: 1987 c. 3, 1988 c. 56, 1992 c. 12, 1993 c. 16; Statutes of Canada: 1988 c. 28.