(COVID-19) Accelerated Site Closure Program (ASCP)
“Saskatchewan. Energy and Resources”
The funder does not disclose this information
Maximum Eligible Amount
Procurement
Fund Type
The Government of Saskatchewan is launching the Accelerated Site Closure Program (ASCP) to utilize $400 million in federal funding for the abandonment and reclamation of inactive oil and gas wells and facilities. The primary purpose of this program is to put Saskatchewan people and companies back to work in the struggling oil and gas services sector.
The primary goal of the program is to support Saskatchewan-based service sector workers and companies. It is expected that 2,100 jobs will be supported by this initiative and that up to 8,000 wells and facilities will be abandoned. Abandonment and reclamation work approved under Phase 1 will be funded at 100% of the eligible costs, paid directly to eligible service companies.
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