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Exxon Gets Green Light to Expand Hebron Offshore Oilfield - The Maritime Executive

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<title>Exxon Gets Green Light to Expand Hebron Offshore Oilfield</title>
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"articleBody": "ExxonMobil has secured approval from its Canadian regulators for the expansion of the Hebron offshore oil field, adding an estimated 165 million barrels to the project&#39;s reserves. 

Exxon asked for permission to add new wells to the development plan for Hebron, based on recent surveys and drilling results. The area adds new strata in the Jeanne d&#39;Arc Formation, which were not covered by the original plan. According to Exxon, expanding will &quot;enable optimization of the development and provide the maximum chance of economic success while reducing waste.&quot;

The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) has issued formal approval of the expansion plan. In a notice, the board said that Exxon was doing its part to reduce emissions from production.

No extra equipment or facilities are expected, nor new drilling installations. 

https://www.maritime-executive.com/article/watch-living-onboard-the-heb…

https://maritime-executive.com/article/production-starts-at-canadas-heb…

Hebron was discovered in the 1990s, approved for development in 2008 and produced its first oil in 2017. The gravity-based platform sits about 200 miles off the coast in about 300 feet of water, and is rated for about 150,000 barrels per day of capacity. Exxon is the operator with a 35 percent stake, along with Chevron (30 percent), Suncor (21 percent), Equinor and Nalcor. 

Offshore oil and gas is economically important to the province of Newfoundland and Labrador, and is a rare engine of growth for a region with limited industrialization. It makes up about one-quarter of the province&#39;s GDP and about 40 percent of its exports. 
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Exxon Gets Green Light to Expand Hebron Offshore Oilfield
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<p>ExxonMobil has secured approval from its Canadian regulators for the expansion of the Hebron offshore oil field, adding an estimated 165 million barrels to the project&#39;s reserves.&nbsp;</p>

<p>Exxon asked for permission to add new wells to the development plan for Hebron, based on recent surveys and drilling results. The area adds new strata in the Jeanne d&#39;Arc Formation, which were not covered by the original plan. According to Exxon, expanding will &quot;enable optimization of the development and provide the maximum chance of economic success while reducing waste.&quot;</p>

<p>The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) has issued formal approval of the expansion plan. In a notice, the board said that Exxon was doing its part to reduce emissions from production.</p>

<p>No extra equipment or facilities are expected, nor new drilling installations.&nbsp;</p>

<p>https://www.maritime-executive.com/article/watch-living-onboard-the-heb…;

<p>https://maritime-executive.com/article/production-starts-at-canadas-heb…;

<p>Hebron was discovered in the 1990s, approved for development in 2008 and produced its first oil in 2017. The gravity-based platform sits about 200 miles off the coast in about 300 feet of water, and is rated for about 150,000 barrels per day of capacity. Exxon is the operator with a 35 percent stake, along with Chevron (30 percent), Suncor (21 percent), Equinor and Nalcor.&nbsp;</p>

<p>Offshore oil and gas is economically important to the province of Newfoundland and Labrador, and is a rare engine of growth for a region with limited industrialization. It makes up about one-quarter of the province&#39;s GDP and about 40 percent of its exports.&nbsp;</p>

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<h2 class="title">
<a href="https://maritime-executive.com/article/gulf-of-mexico-lease-sale-brings…; target="_blank" class="font-firasans">Gulf of Mexico Lease Sale Brings In $382 Million</a>
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<p class="summary">
The Bureau of Ocean Energy Management (BOEM) has completed a controversial lease sale in the Gulf of Mexico, raking in $382 million&nbsp;in exchange for E&amp;P rights covering 1.7 million acres of federal waters. 26 companies joined in the bidding, a strong showing reflecting elevated oil prices and a positive&nbsp;outlook in the energy market.&nbsp;

As required by a ruling from the U.S. 5th Circuit Court of Appeals, BOEM included lease blocks in areas believed to be possible habitat for the endangered...
</p>

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<a href="https://maritime-executive.com/article/china-begins-sea-trials-for-its-…; target="_blank" class="font-firasans">China Begins Sea Trials for its First Ultra-Deep Drilling Ship</a>
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&nbsp;

China has begun sea trials for its first domestically-built ultra-deep ocean drilling ship. Officials are boasting that it is one of the most sophisticated vessels in the world while reporting it will be used for oil and gas drilling as well as &ldquo;scientific exploration.&rdquo;

The naming ceremony and dedication for the vessel named Meng Xiang (which means dream in Chinese) took place on Monday and the vessel was due to commence its sea trials. The ship, which is approximately...
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<h2 class="title">
<a href="https://maritime-executive.com/article/ireland-makes-second-large-cocai…; target="_blank" class="font-firasans">Ireland Makes Second Large Cocaine Bust Aboard Arriving Bulker</a>
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<p class="summary">
&nbsp;

A bulker arriving in Ireland from Canada is part of an ongoing operation as the Irish police and revenue service search the vessel for illegal drugs. The first phase of the search turned up at least 300 KG of cocaine in bundles aboard the ship and starting on Wednesday morning the authorities were planning to undertake a more thorough sweep of the vessel.

The Verila, a 32,000 dwt bulker arrived in the Irish port of Foynes on the West...
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<h2 class="title">
<a href="https://maritime-executive.com/article/israeli-owned-shipowner-sponsors…; target="_blank" class="font-firasans">Israeli-Owned Shipping Firm Sponsors Nuclear Propulsion R&amp;D</a>
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<p class="summary">
Israeli-linked shipping firm Zodiac Maritime is working with Korean and British partners to investigate how nuclear-powered propulsion systems could be installed aboard merchant vessels.

UK-headquartered, British-staffed, Israeli-owned Zodiac Maritime has a fleet of 130 ships and 20 more on order. It is looking to reduce its environmental footprint, and most of its future deliveries will be dual-fuel LNG powered. But its newbuilding division is also working with LR, KSOE and KEPCO to look at the potential opportunity for decarbonizing operations...
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