Suncor
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The French supermajor calls deal "more straightforward" than spin-off of business. -
The acquisition deepens Equinor’s holdings in one of is core regions and will add 15,000 BOE/D of new production.
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"Our safety record is unacceptable, and improvements must be made," Kris Smith said.
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The project partners and government came together to salvage the stalled East Canada offshore project now due to produce first oil in 2026.
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The chief executive of Suncor Energy said that he is taking steps to make the Canadian oil producer safer for its workers after an employee died last month.
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The fire at the Terra Nova FPSO comes 6 months after C-NLOPB found Suncor noncompliant with regulatory requirements and suspended operations.
