News Release Archive

PREMIER--OFFSHORE ASSOCIATION ENTERS ACCORD WITH NATIONAL BODY
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The Offshore Technologies Association of Nova Scotia and the
Petroleum Services Association of Canada today signed a letter of
intent to develop a memorandum of understanding.

The signing, witnessed by Premier John Savage and Natural
Resources Minister Eleanor Norrie, took place in Calgary at the
annual meeting of the Petroleum Communication Foundation.

The agreement recognizes Nova Scotia's emergence on the Canadian
and world's energy scene, said Premier Savage. "This agreement
does more than link offshore and onshore. In many ways it
broadens the national outlook on petroleum industry development."

Said Jim Warner, chair of the Offshore Technologies Association
of Nova Scotia: "Co-operative ventures are the cornerstone of
growth in the oil industry today, and the representative trade
associations of oil service industries across Canada must work
together to exchange information on both technologies and
opportunities.

"We are very interested to work on the successful implementation
of this agreement between our  two associations, particularly at
this time of new and exciting offshore development opportunities
in Nova Scotia."

Garry Smith, chair of petroleum services group, said the letter
of intent will lay the groundwork to establish a more formal link
between the Canadian petroleum service sector and the emerging
industry in Nova Scotia. "The two associations co-operatively can
streamline issues management among our members, staff and
volunteer resources."

The Offshore Technologies Association of Nova Scotia represents
more than 140 companies whose activities focus on identifying and
developing opportunities in the oil and gas industry, both
nationally and internationally.

The Petroleum Services Association of Canada is the national
trade association representing the oilfield service, supply and
manufacturing sectors within the upstream petroleum industry. The
association represents a diverse range of more than 180 companies
contracted almost exclusively to oil and gas exploration and
production companies.


Earlier today in Calgary, Premier Savage addressed a meeting of
the board of governors of the Canadian Association of Petroleum
Producers. The premier and Mrs. Norrie are leading a delegation
of representatives from the Nova Scotia engineering community to
stimulate interest in offshore business development.

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Contact: David Harrigan     902-424-6600

         Maurice MacDonald  902-424-4426

trp                    Apr. 28, 1997 - 2 p.m.