Premier Kathy Dunderdale and Natural Resources Minister Jerome Kennedy speak to media. –Photo by Keith Gosse
Premier Kathy Dunderdale drew a "line in the sand" today, telling ExxonMobil that if they try to take construction work out of the province, there's going to be trouble.
Dunderdale was responding to comments made by Hebron project manager Geoff Parker at the NOIA conference this morning.
There is a dispute resolution process if ExxonMobil decides that it cannot build all the agreed-upon modules for the Hebron production rig here in Newfoundland.
But Dunderdale said today she feels like Exxon already has its mind made up before they even start negotiating.
The drilling equipment set is a fabrication project worth roughly $100 million.
Ultimately, if Exxon decides to take the construction elsewhere, they could have to pay penalties, but Dunderdale said that's not what she's interested in.
The government places a higher premium on economic activity and labour than in monetary compensation, because it builds the workforce and the construction capacity here.