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Post-storm restart for Exxon's Hibernia platform

Published 11/23/2018, 02:39 PM
© Reuters.  Post-storm restart for Exxon's Hibernia platform
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  • Exxon's (NYSE:XOM) Hibernia oil platform is gradually restarting production after the monster storm that shuttered operations on Canada's eastern seaboard.
  • That follows a safety inspection, and the company will keep a close eye on it as production starts up.
  • That's the second of four producing fields in the area to head back toward normal; Hebron (operated by Exxon, Chevron (NYSE:CVX), Suncor (NYSE:SU) and Equinor (NYSE:EQNR)) had resumed operations by Wednesday.
  • Husky (OTCPK:HUSKF) was dealing with a spill at White Rose, and "The Terra Nova FPSO remains shut down and in a safe state," Suncor says.
  • Source: Bloomberg
  • Previously: Eastern Canada crude oil production remains mostly shut after big storm (Nov. 21 2018)
  • Now read: Exxon Mobil Corporation 2018 Q3 - Results - Earnings Call Slides


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