ExxonMobil Canada's new president has decided to set up shop in Newfoundland and Labrador instead of Nova Scotia.
The company confirmed Wednesday that incoming president Meg O'Neill will be switching operations to St. John's from Halifax sometime in August.
A company spokesperson told CBC News the move reflects the company's level of activity in Newfoundland's offshore oil industry.
ExxonMobil is currently involved in the Hebron, Hibernia and Terra Nova oilfields.
The company is one of the region's biggest players in the province's offshore industry and is currently involved in oil exploration, development and production.