Hibernia Shareholder companies
The shareholders of Hibernia Management and Development Company Ltd. (HMDC) are: ExxonMobil Canada (33.125%), Chevron Canada Resources (26.875%), Suncor (20%), Canada Hibernia Holding Corporation (8.5%), Murphy Oil (6.5%) and Equinor Canada Ltd. (5%).
The Hibernia Platform
The Hibernia platform has three separate components:
Gravity Base Structure (GBS)
Offshore Loading System (OLS)
The completed platform was towed to the Hibernia oil field and positioned on the ocean floor in June of 1997 and began producing oil on November 17, 1997. The platform stands 224 metres high, which is half the height of New York's Empire State Building (449 metres) and 33 metres taller than the Calgary Tower (191 metres).