Dalhousie Law Journal


offshore, oil, gas, projects, financing, security, project assets, legislative framework, Nova Scotia Accord Acts


Offshore oil and gas projects sometimes require financing, and project financing usually requires the taking of security in project assets. In this article, the author examines the legislative framework comprised of the traditional provincial and federal security legislation and the specialized Nova Scotia Accord Acts to determine that there is presently no effective regime in place for taking security in many types of assets of offshore oil and gas projects.