ExxonMobil to proceed with $14B Hebron heavy oil project off Canada’s East Coast; more than 700B barrels of oil
Green Car Congress
JANUARY 5, 2013
Exxon Mobil Corporation will develop the Hebron oil field offshore the Canadian province of Newfoundland and Labrador using a gravity-based structure that will recover more than 700 million barrels of oil, an increase from earlier estimates. The platform is being designed for daily production of 150,000 barrels of oil.
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