Canada-Newfoundland and Labrador Benefits Plan - Hebron Project

Hebron Project Section 2
Benefits Plan
Statutory and Contractual
Requirements
2.0 STATUTORY AND CONTRACTUAL REQUIREMENTS
2.1 Introduction
This section describes the statutory requirement for a Canada-Newfoundland
and Labrador Benefits Plan. It also references the Benefits Agreement that
EMCP and the Hebron co-venturers have entered into with the Government of
Newfoundland and Labrador.
2.2 Atlantic Accord
The C-NLOPB is responsible for management of the petroleum resources in the
Newfoundland and Labrador offshore area, pursuant to the Canada-
Newfoundland Atlantic Accord Implementation Act and the Canada-
Newfoundland and Labrador Atlantic Accord Implementation Newfoundland and
Labrador Act (“the Acts”). The Acts establish the requirements that proponents of
offshore development projects must fulfill in order to obtain approval of a
Development Application. The Development Application is to be comprised of a
Canada-Newfoundland and Labrador Benefits Plan, and a Development Plan
with ancillary documents.
Before the C-NLOPB may approve a Development Application, it must first
approve a Canada-Newfoundland and Labrador Benefits Plan. As outlined in
section 45 of the Accord Acts, specific provisions of the Benefits Plan must
include plans for:
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The employment of Canadians and, in particular, members of the labour
force of the Province of Newfoundland and Labrador;
Providing manufacturers, consultants, contractors and suppliers and service
companies in the Province, and other parts of Canada, with full and fair
opportunity to participate on a competitive basis in the supply of goods and
services used in any proposed work or activity referenced in the Benefits
Plan;
The establishment of an office in the Province where appropriate levels of
decision-making are to take place;
Expenditures for R&D, including education and training, to be carried out in
the Province;
Consistent with the Canadian Charter of Rights and Freedoms, providing
individuals resident in the Province with first consideration for training and
employment in the work program for which the Benefits Plan was submitted;
and
Providing first consideration to services provided from within the Province
and to goods manufactured in the Province, where those services and goods
are competitive in terms of fair market price, quality and delivery.
ExxonMobil Canada Properties 2-1 April 2011