$38M for Hibernia from oil recovery fund to restart work on rig
$38M for Hibernia from oil recovery fund to restart work on platform The Hibernia offshore platform will be getting $38 million from the oil and gas industry recovery fund in order to restart work, create more jobs after a year of layoffs and downturn, and extend the life of the project, it was announced Wednesday. Social Sharing CBC News · Posted: Dec 23, 2020 12:28 PM NT | Last Updated: December 23, 2020 The Hibernia oil platform has been drilling oil in Newfoundland and Labrador's offshore since 1997.(CBC)