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About Hibernia| 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 is made of three components: Topsides, Gravity Base Structure (GBS), and an Offshore Loading System (OLS). The topsides facilities on the Hibernia platform accommodate drilling, producing, and utility equipment and provide living quarters for platform workers.

The platform was towed to the Hibernia oil field and positioned on the ocean floor in June of 1997. It began producing oil on November 17, 1997, making it Newfoundland and Labrador’s first offshore production platform.