Search results for: Suncor

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  • 15 May 2015
    Exploration & Production

    Suncor Energy Norge AS, operator of production licence 375, has completed drilling of appraisal well 34/4-14 S in the oil discovery 34/4-11, in the North Sea. The discovery was proven in 2010, and is located approximately 20 kilometres northwest of the Snorre field in the North Sea. The reservoir is in the Brent and Statfjord […]

  • 12 March 2015
    Exploration & Production

    Canada’s Suncor Energy, through its Norwegian subsidiary Suncor Norge, has started drilling operations at its Beta Statfjord Nord prospect, in the North Sea, offshore Norway. The appraisal well 34/4-14 S is located in the PL 375 and is being drilled by the Borgland Dolphin semi-submersible drilling rig, 155 kilometers west of Floro. The drilling operation […]

  • 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. […]

  • 8 January 2015
    Business & Finance, Exploration & Production, Project & Tenders

    Trapoil has announced that a contract has been signed for a jack-up rig for the drilling of a well to test the Niobe prospect, in the North Sea. The Niobe prospect, formerly named Kratos, is located in the Licence P.1889, Blocks 12/26b and 12/27, within the Moray Firth. Suncor Energy UK is the operator with 49.5 percent equity interest, […]

  • 24 September 2014
    Business & Finance

    Suncor Energy Inc, a Canadian oilsands company, is sending its first ever tanker of Western Canadian heavy crude from Canada’s East Coast to Europe, a company spokeswoman said on Tuesday. The cargo is being shipped by Greek-flagged aframax tanker Minerva Gloria, owned by Minerva Marine. According to Reuters data, the cargo will be loaded at […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 27 August 2013
    Business & Finance

    Suncor Energy yesterday celebrated another milestone in its reclamation efforts with the planting of a type of wetland called a fen at the company’s base plant north of Fort McMurray, Alberta. A fen is a specific type of peat-accumulating wetland, common to the region. Suncor is one of the first companies in the world to […]

  • 15 April 2013

    Centrica plc and Qatar Petroleum International (QPI), the international arm and wholly owned subsidiary of Qatar Petroleum (QP), have agreed to acquire jointly a package of producing conventional natural gas and crude oil assets and associated infrastructure located in the Western Canadian Sedimentary Basin from Suncor Energy for C$1 billion (£650 million) in cash. The […]

  • 9 January 2013

    Suncor is about to complete drilling of exploration well 30/11c on the Romeo prospect in license P1666 in the UK North Sea. The well is being drilled by the Awilco WilHunter rig. The well has encountered oil at three different stratigraphic levels within the Jurassic and Triassic comprising in aggregate an oil column of some 60 […]

  • 8 October 2012

    Suncor Energy will have to pay a $30,000 fine and make a contribution of $100,000 to the Environmental Damages Fund for the synthetic based drilling mud spill that occured in March 28, 2011. The company on Friday pled guilty for the incident which occurred while the Henry Goodrich semi-submersible rig was drilling a well at […]

  • 8 May 2012
    Business & Finance

    Last week Awilco Drilling PLC and Suncor Energy signed a Letter of Intent (LOI) for the extension of the contract for the WilHunter semi-submersible drilling rig. Awilco yesterday confirmed that the contract amendment with Suncor Energy was signed to extend the contract for WilHunter for the drilling of a second firm well estimated at 61 days. […]

  • 4 May 2012
    Business & Finance

    UK-based drilling contractor Awilco Drilling PLC has signed a Letter of Intent (LOI) with Suncor Energy to extend the contract for WilHunter for the drilling of a second firm well estimated at 61 days. The contract value for the firm well is estimated to be around USD 19.2 million. The second well under the contract […]

  • 5 April 2012
    Business & Finance

    The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) has laid three charges against Suncor Energy Inc., Operator of the exploration drilling program at the Ballicatters M96-Z well located in the Jeanne d’Arc Basin on Exploration Licences 1092 and 1113, for alleged offences related to a spill of synthetic based mud (SBM) from the mobile offshore […]

  • 12 December 2011
    Business & Finance

    Awilco Drilling PLC has signed a Letter of Intent (LOI) with Suncor Energy UK Limited for the provision of WilHunter for the drilling of one HPHT exploration well estimated at 90 days. The contract value is estimated to be USD 27 million. The contract is expected to commence in Q3 of 2012. WilHunter is one […]

  • 12 December 2011

    Suncor Energy reported yesterday that it has declared force majeure under its contractual obligations and is suspending its operations with the General Petroleum Corporation (GPC) in Syria. These actions are taken as a result of sanctions on Syria announced by the European Union on Dec. 2, 2011. The company is working through a plan to safely […]

  • 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 […]

  • 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 […]

  • 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% […]

  • 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

  • 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 […]