Exxon-Led Group Makes Record Bid Offshore Newfoundland

摘要

Christmas has come early for Newfoundland and Labrador, with a consortium led by Exxon Mobil setting a new provincial record by committing to invest C$559 million (US$483 million) over a six-year period in a single offshore exploration block. The block in question -- NL13-01, which covers more than 1,000 sq miles -- is located in the deepwater Flemish Pass area where Statoil has already made three oil discoveries.