StatoilHydro is operator and partner in numerous licenses offshore Newfoundland and Labrador.
We have ownership interests in two producing offshore fields:
- Terra Nova, with net interest of 15%
- Hibernia, with net interest of 5%
An extension of the main Hibernia field, Hibernia Southern Extension, is under review for development via the existing Hibernia platform. Another large discovery, the Chevron-operated Hebron Ben Nevis oilfield, in whichStatoilHydro's interest is as approximately 10%, is the subject of pre development evaluation.
In total in Canada, we currently have ownership interests in six offshore exploration licences, two production licences and 28 other licences on which hydrocarbones have been detected.
