Total E&P Canada Ltd
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OIL SANDS: Fort Hills reaches continuous operation, Suncor
ALBERTA – Suncor Energy announced Jan. 29, 2018, that operations at the Fort Hills oil sands project 90 km north of Fort McMurray, is ramping up toward 90% of its 194,000 bbl/day capacity by the end of the year. “With…
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OIL SANDS: Fort Hills to produce first bitumen for Suncor, Teck, Total
ALBERTA – The Fort Hills oil sands project is ready to produce its first barrel of oil by the middle of this month, reports the operator Suncor Energy of Calgary. The project is located about 90 km north of Fort…
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OIL SANDS: Fort Hills on track for production late this year
ALBERTA – The new Fort Hills oil sands project was 76% complete at the end of last year, putting it on track to begin producing oil late in 2017. The project is owned 50.8% by Suncor Energy (the operator), 20.0%…
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OIL SANDS: Total E&P sells part of Fort Hills interest to Suncor
ALBERTA – Total E&P, an arm of the French petroleum producer, has agreed to sell a 10% working interest in the Fort Hills oil sands project to Suncor Energy of Calgary for a reported $310 million. The $15-billion project 90 km north…
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OIL SANDS: Suncor pumps up bitumen numbers in Q2
ALBERTA – Suncor Energy, headquartered in Calgary, generated cash flows in excess of $2.1 billion in Q2 2015, despite the recent drop in crude oil prices. Earnings were in the black, too. The operating figure was $906 million ($0.63 per…
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CONTRACT: Fort Hills oil sands contract is worth $1.3 billion
CALGARY, Alberta – A $1.3-billion engineering, procurement, fabrication and construction contract has been awarded to Fluor Corp. by Fort Hills Energy for the utilities scope of its Fort Hills oil sands mining project. The project is…
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OIL SANDS: Joslyn project on hold
ALBERTA – Total E&P Canada has quietly put the $11-billion Joslyn oil sands project near Fort McMurray on hold indefinitely, saying the costs of the project are too high to justify going forward. The project was in the detailed…
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OIL SANDS: KSB to supply water transport pumps for Fort Hills project
ALBERTA – KSB Pumps is the winner of the contract to supply a dozen large capacity water transport pumps for the Fort Hills oil sands project. The $13.5 billion project 90 km north of Fort McMurray is a partnership of Suncor Energy, Teck…
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OIL SANDS: Fort Hills gets $13.5B go-ahead from partners
The Fort Hills oil sands project 90 km north of Fort McMurray, AB, has been in the works for over a decade, but on Oct. 31 the partners announced that they will commit $13.5 billion to building it with a start-up date set for the end of 2017.
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PERSPECTIVE: Oil sands miners join forces for environmental change
Twelve of this country’s oil sands producers have launched Canada’s Oil Sands Innovation Alliance (COSIA), an alliance focussed on making positive environmental change more quickly in their sector.
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OIL SANDS DEVELOPMENT: Suncor, Total E&P strike deal to bring Fort Hills on stream in five years
ALBERTA – Calgary-based Suncor Energy and Total E&P Canada have created a strategic alliance that will result in advancing the Fort Hills oil sands project and Voyageur upgrader to production in 2016.
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OIL SANDS GROWTH: Suncor targets 1-M bbl/day with help from Total E&P Canada
ALBERTA – Calgary-based Suncor Energy has announced plans to increase production to more than one 1 million bbl of oil equivalent daily by 2020. The company says it will boost oil sands production by 10% per year and company-wide production by…
