Suncor will own 100% of the Fort Hills oil sands project
Suncor already holds a 69% interest in Fort Hills and operates the project, meaning it will own 100% of the mine after closing the transaction. According to Suncor, the purchase will add 61,000bpd of production capacity and 675Mb of reserves to its existing oil sands portfolio.
"With 100% ownership of Fort Hills, we will pursue opportunities to create additional value through regional synergies and basin-wide management of our unparalleled, integrated oil sands asset base. This transaction is aligned with our strategy to wholly own and operate long-life strategic assets." Suncor already attempted to buy Total's Fort Hills and 50% of the Surmont oil sands project's interests in April for around C$5.5 billion.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Will Kyle Richards and Mauricio Umansky's separation, rumored cheating play out on RHOBH? All about season 13The Real Housewives of Beverly Hills returns for its 13th season on October 25
Weiterlesen »
'Yorkshire have provided exactly one-third of the 15-man squad' - and Chris Waters believes those players will be key“A STRONG Yorkshire is a strong England” is a hoary maxim as old as the hills.
Weiterlesen »
Victoria and David Beckham's former $33m home that holds a special place in their heartsDavid and Victoria Beckham have celebrated their former Beverly Hills home in a special way
Weiterlesen »
This Fort Knox worthy encrypted SSD deal offers a taste of Prime Day deals to comeKeep your large files safe and secure with this encrypted, external SSD from Kingston. This new Amazon deal will help you save 20% now.
Weiterlesen »
Manchester Fort Spookfest scares up family fun this HalloweenThe event will see hordes of zombies, monsters and voodoo dolls roaming all over the shopping park
Weiterlesen »