Genesis, Exxon, Hibernia Ink Funding Deal

St. John’s-based innovation hub Genesis has inked a deal with ExxonMobil Canada and Hibernia Management and Development Company to foster innovation in the energy sector.
ExxonMobil is the largest shareholder in the Hebron oilfield off the coast of Newfoundland, which is estimated to contain reserves of more than 700 million barrels of oil. Hibernia Management, meanwhile, operates the nearby