Production and handling
Hibernia crude oil is produced by a joint venture among ExxonMobil (33.125%) and Chevron (26.875%), Petro-Canada (20%), the Canadian government (CHCC 8.5%), Murphy Oil (6.5%) and Norsk Hydro Grand Banks (5%). Production began in November 1997. Current production is ~120kbd.
Load Port and Shipping Information
Hibernia crude oil is produced from the first gravity base structure (GBS) designed to resist icebergs. The GBS is located 200 miles off the shores Newfoundland. Three purpose-built 850,000 barrel Canadian flag tankers shuttle the crude oil to Newfoundland Transhipment Terminal (NTL) at Whiffen Head.
Newfoundland Transhipment Terminal
NTL is located on the eastern side of the head of Placentia Bay. The exact location is 47 Deg 46' 26"N and 54 Deg 00' 58" W. Mariners are referred to Canadian Hydrographic Chart No. 4839 - Head of Placentia Bay. Terra Nova crude is also loaded from this same terminal.
NTL loads up to 155 DWT Tankers. For more information on the transhipment terminal, visit the NTL website to learn more.
- Gravity 34.1
- Sulfur 0.56%
- Loading port Whiffen Head
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