C-NLOPB Approves Hebron Application
The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) on Thursday announced that it approved at its April 27 meeting ExxonMobil's Hebron development application.
The approval means ExxonMobil can now proceed with the development of the Hebron field, which is estimated to contain 707 million barrels of oil, C-NLOPB said in a statement.
C-NLOPB said that ExxonMobil must provide within 60 days of the decision report's publication date a plan to address any projected labor shortages associated with each project phase.
The company also must provide to the supply and service sector detailed information on the project requirements for the fabrication of:
• The utilities and process module
• Topsides hook-up, integration and commissioning activities
• OLS construction, fabrication, installation and commissioning activities
• Platform tow-out, installation and offshore hook-up and commissioning activities
• Platform drilling and completion operations as well as platform production operations
• Any requirements for the supply of additional tankers associated with the export system;
• Any proposed subsea production system
• Any other contracting, supply or service opportunities associated with the project
ExxonMobil filed the development application for the Hebron project in April 2011, according to SubseaIQ. Hebron is located 217 miles offshore eastern Canada in the Jeanne d-Arc Basin in 302 feet of water. Hebron, which is located in Arctic waters, is located near the Terra Nova, Hibernia and White Rose fields. The project consists of three fields: Hebron, West Ben Nevis and Ben Nevis.
Hebron will be developed as a standalone gravity-based structure project made of reinforced concrete to withstand sea ice, icebergs and the region's arctic conditions.First oil is expected by the end of 2017.
ExxonMobil Canada Properties in April authorized Kiewit-Kvaerner Contractors to proceed with the project following substantial completion of front-end engineering and design services. The authorization also awarded the next phase of the project, which includes detailed engineering, procurement and construction-related services.
Partners in the project include ExxonMobil with 36 percent interest; Chevron with 26.7 percent; Petro-Canada with 22.7 percent; Statoil with 9.7 percent and Nalcor Energy with 4.9 percent.
WHAT DO YOU THINK?
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
- ExxonMobil Racks Up Discoveries in Guyana Block Eyed by Chevron
- Oil Market Sentiment Has Improved Significantly
- EU, US Eye Collaboration on Nuclear Materials
- EU Electricity Export to Ukraine Up 94 Percent in Two Years
- China Coal Output Falls for First Time since Government Ordered More
- USA Driving Activity to Increase to All-Time Highs
- BP Pulse Buys One of Europe's Largest Truck Stops
- UK CCUS Plans Outdated: Think Tank
- TC Energy to Sell Prince Rupert Gas Pipeline Project to First Nation
- I Squared Eyes Full Ownership of Europe Gas Storage Firm
- Norway Regulator Blasts Proposal to Halt New Oil and Gas Permits
- Chinese Mega Company Makes Major Oilfield Discovery
- EIA Drops 2024 Henry Hub Gas Price Forecast
- EIA and Standard Chartered Offer Up Latest Oil Price Predictions
- Red Sea Region Sees Another Watershed Incident
- Chevron Oil Project in Kazakhstan to Cost $48.5B
- OPEC Voices Encouragement after IEA Affirms Support for Oil Security
- Biden Govt Bares Strategy for Freight Charging, Hydrogen Fueling Infra
- Ukraine Hits Third Russian Refinery In Escalating Drone Strikes
- Rystad Looks at the Buzz Around White Hydrogen
- VIDEO: Missile Attack Kills Crew Transiting Gulf of Aden
- Norway Regulator Blasts Proposal to Halt New Oil and Gas Permits
- Chinese Mega Company Makes Major Oilfield Discovery
- What Is the Biggest Risk to Offshore Oil and Gas Personnel in 2024?
- Is Peak Oil Demand Close?
- Vessel Sinks in Red Sea After Missile Strike
- JP Morgan, Standard Chartered Reveal Latest Oil Price Forecasts
- Exxon Rights in Stabroek Do Not Apply to Hess Merger with Chevron: Hess
- Rystad Forecasts Net Production of Top Permian Producers in 2024
- Analysts Reveal Latest Oil Price Outlook Following OPEC+ Cut Extension