ExxonMobil Canada moving from N.S. to Nfld.

The new president of ExxonMobil Canada will be setting up shop in Newfoundland and Labrador instead of Nova Scotia.

The current president is based in Halifax but incoming president Meg O'Neill will move operations to St. John's.

ExxonMobil is involved in Newfoundland's Hebron, Hibernia and Terra Nova offshore oil fields.

Ms. O'Neill has experience in deepwater drilling, having worked with the company in New Orleans.