The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) announced that the Fundamental Decision for the Amendment to the Hibernia Development Plan to allow the Hibernia Southern Extension Project to proceed has been approved.
The decision enables Hibernia Management and Development Company Ltd (HMDC) to develop the Hibernia South Extension Unit (HSE Unit) area utilizing existing oil production facilities and support infrastructure, and by adding subsea infrastructure.
Further, the C-NLOPB has approved an amendment to the Hibernia Benefits Plan.
Hibernia is an oil field in the North Atlantic Ocean, approximately 315 kilometres (196 mi) east-southeast of St. John’s, Newfoundland, Canada.
The production platform Hibernia is the world’s largest oil platform and consists of a 37,000-tonne integrated topsides facility mounted on a 600,000-tonne gravity base structure. The platform was towed to its final site, and 450,000 tonnes of solid ballast were added to secure it in place. Inside the gravity base structure are storage tanks for 1.3 million barrels of crude oil. The Hibernia platform is at N46°45.026′ W48°46.976′.
Source:C-NLPOB , October 13, 2010;