The offshore oil industry is continuing to expand in the province.
Shell Canada has just been granted exploration rights to five areas in the Newfoundland offshore.
The company bid a total of $97 million for rights to the territory, which is located in the Laurentian Subbasin, several hundred kilometres south of the Burin Peninsula.
Meanwhile, three oil companies are teaming up to explore another parcel of land in the Flemish Pass, 500 kilometres east of St. John's.
Husky Oil, Suncor and Repsol are paying $20 million for those rights.
The province's offshore regulator, the CNLOPB, made the announcements Friday.