Mechanical Problems Lower Output at Hibernia Oil Field

CALGARY Jan 11, 2007 (Dow Jones Newswires)

Mechanical problems on the 180,000 barrel-a-day Hibernia oil platform, off Canada's east coast, have lowered output for an unspecified period, according to the consortium that operates the platform.

An engine backfire at one of the platform's generators on Jan. 2 has caused output to be reduced, said Margot Bruce-O'Connell, spokeswoman for Hibernia. She wouldn't say by how much output is affected, and couldn't estimate by when production would return to normal.

Partners in the Hibernia consortium include Exxon Mobil Corp. (XOM), Chevron Corp. (CVX), Petro-Canada (PCZ), Murphy Oil Corp. (MUR), Norsk Hydro (NHY) and federal firm Canada Hibernia Holding Corp.

Copyright (c) 2007 Dow Jones & Company, Inc.

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