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Suncor reaches agreement on Terra Nova oilfield

Winnipeg Free Press By: The Canadian Press Last Modified: 7:51 PM CDT Wednesday, Jun. 16, 2021 Save to Read Later CALGARY - The beleaguered Terra Nova oilfield off the coast of Newfoundland and Labrador could live to pump another day after its owners reached a restructuring agreement in the eleventh hour Wednesday. Terra Nova FPSO, a massive floating production, storage and offloading vessel used in the oil and gas industry, heads along the Newfoundland coast near St. John s on Friday, Aug. 3, 2001. THE CANADIAN PRESS/Andrew Vaughan CALGARY - The beleaguered Terra Nova oilfield off the coast of Newfoundland and Labrador could live to pump another day after its owners reached a restructuring agreement in the eleventh hour Wednesday.

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Suncor to increase minority stake in Terra Nova as part of ownership restructuring | iNFOnews

N.L. s troubled Terra Nova offshore oilfield saved by last-minute restructuring Terra Nova FPSO, a massive floating production, storage and offloading vessel used in the oil and gas industry, heads along the Newfoundland coast near St. John s on Friday, Aug. 3, 2001. THE CANADIAN PRESS/Andrew Vaughan June 16, 2021 - 5:51 PM CALGARY - The beleaguered Terra Nova oilfield off the coast of Newfoundland and Labrador could live to pump another day after its owners reached a restructuring agreement in the eleventh hour Wednesday. The oilfield s seven owners will shuffle their shares and provide short-term funding for the project, rather than abandon the field entirely, a news release from Suncor Energy Inc. said.

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Suncor to increase minority stake in Terra Nova as part of ownership restructuring - Medicine Hat NewsMedicine Hat News

Suncor to increase minority stake in Terra Nova as part of ownership restructuring Business Related 5 – Very Terra Nova FPSO, a massive floating production, storage and offloading vessel used in the oil and gas industry, heads along the Newfoundland coast near St. John s on Friday, Aug. 3, 2001. THE CANADIAN PRESS/Andrew Vaughan CALGARY – Suncor Energy Inc. says it has reached an agreement in principle to increase its minority ownership of the Terra Nova offshore oilfield. The Calgary-based company says its stake in the Newfoundland and Labrador facility will increase to 48 per cent from about 38 per cent as part of a restructuring of ownership.

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Suncor to increase minority stake in Terra Nova as part of ownership restructuring

Suncor to increase minority stake in Terra Nova as part of ownership restructuring
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Andrew parsonsMark littleCenovus energy incMosbacher energy coMurphy oil corpSuncor energySuncor energy incChevron corpTerra novaEnergy minister andrew parsonsCenovus energyMurphy oilMosbacher energyCanadian pressஆண்ட்ரூ பார்சன்கள்குறி கொஞ்சம்

N L s troubled Terra Nova offshore oilfield saved by last-minute restructuring

N L s troubled Terra Nova offshore oilfield saved by last-minute restructuring
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