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Terra Nova is an oil field development project 350 kilometres (220 mi) off the coast of Newfoundland. Discovered in 1984 by Petro-Canada, the field is the second largest off Canada's East Coast. Terra Nova is the first harsh environment development in North America to use a Floating Production Storage and Offloading (FPSO) vessel, Terra Nova. Production from the field began in January 2002. The reservoir has an expected life of 15-17 years.
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