Credit: Saitec The Government of Canada has approved funding for Waterford Energy Services Inc. (WESI) and Saitec Offshore's project designed to power offshore drilling rigs using a plug-and-play renewable energy solution. The funding program aimed to support programs that would help reduce greenhouse gas (GHG) emissions from offshore oil and gas activities in Newfoundland and Labrador. The funds granted to the Saitec-WESI partnership come from a competitive process in which around under a hundred plans were assessed for a pool of $24.4 million. "The partnership between WESI and Saitec brings together WESI’s offshore oil and gas engineering and technical know-how with Saitec’s floating wind expertise," the companies said.