Costs for the Hebron platform have almost tripled and oil prices have dropped since the the former Tory government announced the plan 10 years ago BULL ARM, N.L.—There’s some good economic ...

Exxon is spending $14 billion to develop a huge new oil field in the Canadian North Atlantic. Some want Atlantic offshore drilling in the United States too.

KCA Deutag has been awarded the platform drilling operations and maintenance services contract for ExxonMobil’s proposed Hebron oil project off Newfoundland & Labrador, writes Tonya Zelinsky.

However, industry officials says those job losses are temporary with the sixth generation rig West Mira scheduled to arrive in 2016, and oil production in the Hebron field set to begin in 2017.

The initial best estimate for Hebron is 2,620 million barrels of oil with an estimated recoverable volume of 789 million barrels, according to the Public Review Commission’s report for the ...

Petro-Canada head Ron Brenneman has said the partners in the stalled Hebron oil project off Newfoundland are optimistic that the development will eventually go ahead, perhaps this year, writes ...

The Hebron oil and gas development is in the Atlantic Ocean, 350 km from St. John's, Newf. and involves the development of the Hebron, Ben Nevis, and West Ben Nevis fields. Water depth in the area ...

It was a week when both oil and natural gas prices posted gains.The headlines revolved around American biggie ExxonMobil’s XOM receipt of approval for the expansion of the Hebron field and ...

Chevron Canada and its co-venturers have finalized legal agreements with the government of Newfoundland and Labrador to develop the Hebron heavy oil project offshore the east coast of Canada.

Global updates on exploration, production starts, field development, rig activity, and key technology developments. Coverage includes US and international conventional and unconventional plays ...