Search results for: Suncor

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  • 2 December 2010
    Business & Finance

    Suncor Energy announced the appointment of Janice Odegaard to the position of senior vice president and general counsel. In this role, Odegaard will be responsible for all legal and regulatory matters across the company and will work closely with Suncor’s Board of Directors on matters of corporate governance. Odegaard joined Suncor in 1995 and served […]

  • 22 April 2014

    Ross Offshore AS has received an extension of the contract with Suncor. The contract is for three years, with options to extend to a maximum of 5 years. The contract consists of planning and implementation work, including total well management, as part of Suncor’s exploration and development program in the years to come. The contract […]

  • 16 October 2019
    Infrastructure

    Canadian offshore regulator has reported a near miss incident on the Terra Nova FPSO operating in the Atlantic Ocean offshore Newfoundland and Labrador. 

  • 20 January 2011
    Business & Finance

    Suncor Energy Inc. today announced changes to the company’s senior executive team and organizational structure. The changes are designed to fully support the company’s recently announced strategic growth plan, as well as to streamline certain areas of Suncor’s operations. All changes will be effective January 31, 2011. “The new structure is designed to ensure the […]

  • 16 May 2018
    Exploration & Production

    Canadian oil company Suncor is being investigated over an oil spill from the Transocean Barents rig.

  • 16 November 2016
    Business & Finance

    Canada’s Suncor Energy has expanded the company’s board of directors with the appointment of Michael Creel as a new director. Suncor said on Tuesday that Creel’s appointment would be effective on January 1, 2017. This new appointment increases the number of directors on Suncor’s board to thirteen. Jim Simpson, Suncor Chairman, said: “I’m pleased to […]

  • 1 October 2013

    Suncor Energy announced it has closed the previously announced sale of the majority of its conventional natural gas business in Western Canada to CQ Energy Canada Partnership, a newly established partnership between Centrica plc and Qatar Petroleum International. The sale is consistent with Suncor’s strategy to focus on a core portfolio of high return, oil producing […]

  • 4 October 2019
    Exploration & Production

    Canadian offshore regulator has approved Suncor Energy’s plan to resume operations on the semi-submersible drilling rig Transocean Barents, following a September 6, 2019 incident, which resulted in an injured Transocean employee.

  • 10 December 2013
    Business & Finance

    Suncor Energy announced that Steve Reynish will assume the role of interim chief financial officer effective immediately. “I’m pleased that Steve will assume the role of interim CFO bringing his extensive business knowledge and strategic insight to the role while the search for a new CFO is underway,” said Steve Williams, Suncor president and chief […]

  • 26 September 2013
    Business & Finance, Operations & Maintenance

    Suncor Energy reports it has begun its planned maintenance program on the Terra Nova Floating Production, Storage and Offloading facility (FPSO), located approximately 350 kilometres southeast of St. John’s, N.L, Canada. The planned maintenance program is expected to last approximately 11 weeks. As mentioned in Suncor’s second quarter 2013 results, a routine inspection earlier this […]

  • 7 October 2016

    Suncor Energy UK has closed the previously announced purchase of a 30 percent participating interest in the U.K. North Sea Rosebank project from OMV (U.K.) Limited. Suncor said on Thursday that all necessary regulatory approvals for the transaction announced in August this year have been received and as per the agreement, Suncor has made an […]

  • 26 September 2013

    Suncor Energy reports it has begun its planned maintenance program on the Terra Nova Floating Production, Storage and Offloading facility (FPSO), located approximately 350 kilometres southeast of St. John’s, N.L, Canada. The planned maintenance program is expected to last approximately 11 weeks. As mentioned in Suncor’s second quarter 2013 results, a routine inspection earlier this […]

  • 16 January 2020
    Infrastructure

    The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) has issued an order to Suncor Energy following an investigation of an incident on the Terra Nova floating production storage and offloading (FPSO) vessel.

  • 16 July 2006

    CB&I (NYSE: CBI) has been awarded a contract by Suncor Energy Services Inc. to engineer and construct process vessels for a proposed expansion of its oil sands upgrading capacity. The award is valued in excess of US$65 million. CB&I’s scope of work for the project includes the detail design, fabrication and on-site assembly of four […]

  • 17 December 2010
    Business & Finance

    Suncor Energy Inc. announced today its plans to increase production to more than one million barrels of oil equivalent per day by 2020, beginning with the company’s 2011 capital spending plans. Over the next ten years, Suncor is targeting oil sands production growth of approximately 10% per year and company-wide production growth of approximately 8% […]

  • 16 June 2014
    Business & Finance

    Canada’s Husky Energy Inc. has advised that effective July 18, 2014, Alister Cowan, Chief Financial Officer, will be leaving the Company to pursue other interests. He will be joining the compatriot energy company Suncor. “We appreciate Alister’s contribution to the Company during his tenure here and wish him every success in his future endeavours,” said […]

  • 17 December 2010

    Suncor Energy Inc. announced today its plans to increase production to more than one million barrels of oil equivalent per day by 2020, … (suncor) [mappress] Source: suncor, December 17, 2010

  • 10 August 2016
    Business & Finance

    Suncor Energy UK will acquire a 30 percent participating interest in the U.K. North Sea Rosebank project from OMV.  In August 2013, Austrian oil and gas company OMV bought 30% interest from the Norwegian oil giant Statoil increasing its Rosebank stake to 50%. After selling its 30% interest to Suncor, OMV will have 20% interest […]

  • 2 February 2011
    Business & Finance

      Suncor Energy Inc. today reported fourth quarter 2010 net earnings of $1.353 billion ($0.87 per common share), compared to net earnings of $457 million ($0.29 per common share) for the fourth quarter of 2009. Operating earnings in the fourth quarter of 2010 were $946 million ($0.60 per common share), compared to $342 million ($0.22 […]

  • 26 January 2015
    Exploration & Production

    Suncor Energy Norge AS, a Norwegian subsidiary of Canada’s Suncor, has received consent to drill an exploration well in the Norwegian Sea. Suncor will drill the 34/4-14 S and A well, located in the production licence 375 in block 34/4. Suncor has applied for consent to drill exploration well 34/4 using Borgland Dolphin semi-submersible drilling rig. […]

  • 20 December 2019
    Infrastructure

    Canadian offshore regulator has suspended production-related operations on the Suncor Energy-operated Terra Nova FPSO located offshore Canada. 

  • 31 December 2019
    Infrastructure

    An offshore worker was injured in an incident aboard Suncor Energy’s Terra Nova floating production storage and offloading (FPSO) vessel offshore Canada on Sunday, December 29.