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Canada-Newfoundland oil regulator charges Exxon-owned Hibernia for 2019 oil spill

By Rod Nickel

WINNIPEG, Manitoba (Reuters) -A Canadian oil regulator on Tuesday stated it has charged Hibernia, an offshore oil firm owned by Exxon Mobil Corp, Chevron Corp and Suncor Power, over a 2019 oil spill.

The Canada-Newfoundland and Labrador Petroleum Board laid three prices for the spill, together with that Hibernia Administration and Growth Firm didn’t be certain that its work wouldn’t trigger air pollution and that it didn’t comply with processes for managing dangers.

Exxon is the most important Hibernia shareholder with a 33% stake.

On July 17, 2019, an oil slick appeared on the water close to the Hibernia platform, 315 kilometres (196 miles) offshore from St. John’s Newfoundland within the Atlantic Ocean. Hibernia initially estimated the slick spanning 900 by 20 metres, with a preliminary estimate of the leak of 12,000 litres.

The Petroleum Board didn’t present an up to date estimate and stated it could not remark additional with the matter earlier than the courts.

In an announcement, Hibernia stated it deeply regrets the spill and has taken actions in response to it, however didn’t present particulars.

Chevron and Suncor personal about 27% and 20% respectively of Hibernia, with smaller stakes held by Murphy Oil and Equinor ASA.

Canada’s offshore oil business is seeing new funding, with Cenovus Power in Might saying it could restart a undertaking and the Canadian authorities approving Equinor’s Bay du Nord undertaking.

Equinor has not but made a last funding resolution on Bay du Nord.

(Reporting by Rod Nickel in Winnipeg; enhancing by Grant McCool)



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