Canadian Press NewsAlert:ExxonMobil to spend $14B on Canadian offshore project

The Canadian Press

IRVING, Texas - Exxon Mobil Corp. says it plans to spend $14 billion to develop the Hebron offshore oil field off Canada's east coast over the next few years. The Texas-based oil company says it expects Hebron to begin producing near the end of 2017. The project will employ up to 3,500 during the construction phase.

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