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Offshore Deployment Program – Emissions Reduction Fund

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Value

Interest-free repayable contributions.

Description

The ERF Offshore Deployment Program will help ensure that investments in deployable technologies continue across Canada’s offshore sector despite the unprecedented challenges of the COVID-19 pandemic and global oil price instability. This will maintain jobs and opportunities for Canadians while positioning industry to keep up with and lead the global energy transition, making Canada more globally competitive in a post-pandemic environment.

The new fund complements the $320 million in funding the Government of Canada provided as part of an agreement reached with the Government of Newfoundland and Labrador to support Canadians with offshore energy jobs, in response to the significant economic and financial distress.

 

Eligible Applicants

Companies and organizations who operate in, or directly support, upstream oil and gas in the Canada-Newfoundland and Labrador offshore area are eligible to apply for the ERF’s $42 million Offshore Deployment Program.

Eligible Expenses

Eligible expenditures fall into the following categories:

  • Salaries and benefits of employees on the payroll of the Recipient for the actual time spent by the employees on the Project;
  • Professional, scientific, technical, management, data collection and contracting services;
  • Professional and regulatory fees for the acquisition and protection of intellectual property necessary for or arising from the Project activities;
  • Travel expenditures related to the Project, including meals and accommodation, based on National Joint Council Rates;
  • License fees, data purchases, certification costs, permits, and fees associated with regulatory compliance and inspection for the implementation of this project;
  • Capital expenditures (Emissions Projects) – including informatics hardware and software, and improvements to existing capital equipment or the purchase and installation of new capital equipment to reduce GHG emissions at offshore facilities;
  • Capital expenditures (Spill Projects) – including informatics hardware and software, and improvements to existing capital equipment or the purchase and installation of new capital equipment to improve the environmental performance of offshore oil spill monitoring, detection, and response activities;
  • Material, supplies, and equipment;
  • Equipment leasing or rental;
  • Overhead expenditures provided that they are related to the conduct of the Project and can be attributed to it. Overhead expenditures may be included in the total Project costs up to 15% of total eligible supported expenditures; and,
  • GST, PST or HST, net of any tax rebate to which the Recipient is entitled.

A maximum of 10% of total eligible supported costs, excluding purchases of equipment may be incurred outside of Canada.

Deadline Date

Program proposals will be accepted on an ongoing basis until all Program funding has been allocated.

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There is grant money waiting for YOU! BUT if you step in a “grant trap,” your application is a NO! Learn the FIVE most common errors to AVOID in government grants! Get the 5 Grant Gotchas now to save you countless hours.

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