On May 12th, BP Canada ("BP") held an
information session for potential suppliers in connection with its
ongoing offshore exploration program. BP is currently processing
seismic data collected over the previous year and is still
targeting 2017 to begin exploratory drilling. BP has awarded the
contract for an Environmental Impact Assessment ("EIA")
to Stantec and the EIA is currently underway.
Muhammad Fahim, Regional Manager Procurement Supply Change
Management, described the procurement process BP will undertake
when engaging local suppliers. All of the support services required
in connection with BP's exploration program will be sourced
through Expressions of Interest ("EOI") made available
publicly through the Maritimes Energy Association website (www.maritimesenergy.com) and Bids.ca. Mr. Fahim noted
that BP has received responses to EOIs for supply base services,
aviation services and marine vessels. More than two dozen
additional EOIs are expected to be