 |
   |
|
|
Hebron Development Agreement Signed
"We are very pleased to have achieved this milestone for the Hebron project, and to be part of a major addition to offshore oil production infrastructure in the East Coast of Canada. We welcome the Provincial energy company into the Hebron joint venture and look forward to working with the operator, Chevron, to move the project towards future milestones," says senior vice president for Offshore Upstream in StatoilHydro Canada, Bruce Brummitt. StatoilHydro is already a partner in the Hibernia and Terra Nova fields, and will drill an exploration well on the Mizzen prospect this fall. "We hope that through our technology background and with our experience from harsh environments we can make a positive contribution to this project. Our experience from similar, large fields on the Norwegian continental shelf encourages us to look for upside potential in Hebron and work to maximize the potential of field," says Mr. Brummitt. First oil is expected between 2016 and 2018 with production reaching a peak of approximately 150 000 bbl/d two years later.
|
|
© InfraStructures - Tous droits réservés - All rights reserved |
The Government of Newfoundland and Labrador, and the province's oil industry
co-venturers recently signed the final deal for the development of the province's
fourth offshore oil project, Hebron. The Hebron project, located approximately
350 km offshore the island portion of Newfoundland and Labrador, is a joint
venture among the province's energy corporation, on behalf of the Government
of Newfoundland and Labrador, Chevron Canada, ExxonMobil Canada, Petro-Canada
and StatoilHydro Canada.
