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ARTICLE · 02 JUNE 2015

BP Canada Information Session

On May 12th, BP Canada ("BP") held an information session for potential suppliers in connection with its ongoing offshore exploration program.

CanadaEnergy and Natural Resources

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

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