UK Company Wins Rights to Explore for Oil and Gas in Nova Scotia’s Offshore

The jack-up rig Noble Regina Allen sits on the heavy-lift vessel GPO Amethyst in Halifax harbour on Sept. 8, 2020. The Canadian Press/Andrew Vaughan

A joint federal-provincial regulator says a U.K. company has won the rights to explore for oil and gas in the water off Nova Scotia.

The Canada-Nova Scotia Offshore Energy Regulator says Inceptio Oil and Gas Ltd. has committed $210 million for exploration activities such as seismic testing and drilling.