Suncor Energy News


Israel's Delek Drilling Changes Name. Shares New Strategic Plan

Feb 22, 2022

Israel's Delek Drilling, a company that owns a stake in the giant Leviathan gas field offshore Israel, and in the undeveloped Aphrodite gas field offshore Cyprus, is changing its name to NewMed Energy. Apart from changing the name, the company…

APA 2021: Norway Offers Offshore Acreage to 28 Oil Firms

Jan 18, 2022

Norway has offered 28 companies ownership interests in a total of 53 offshore oil and gas production licences on the Norwegian Shelf in the Awards in Predefined Areas (APA) 2021.Awards in predefined areas (APA) is an annual exploration round in the most mature areas on the Norwegian shelf…

Oil CEOs Say Transition from Fossil Fuels to Renewables Could Be 'Messy'

Dec 08, 2021

A coming transition from oil and gas to renewables will be 'messy' for many years and lead to sharp energy price volatility as demand and supply clash, top energy executives said on Tuesday.The World Petroleum Congress, a gathering to discuss the future of oil and gas and explore new technologies…

UK North Sea: CNOOC Brings Online Buzzard Phase II

Nov 29, 2021

Chinese oil and gas company CNOOC has started production from the Buzzard Phase II development in the UK North Sea.Buzzard Phase II sits around 100 kilometers northeast of Aberdeen, Scotland, with an average water depth of approximately 96 meters…

Kraken Scores $7.1 Million of Contracts for Offshore Subsea Inspections

Nov 23, 2021

Canadian marine technology company Kraken Robotics's subsidiaries Kraken Robotic Systems Inc. and PanGeo Subsea Inc. have been awarded $7.1 million for two contracts from the Newfoundland Offshore Oil and Gas Industry Recovery Assistance (OOGIRA) Fund…

Sea Trials Complete: Mocean Energy's Blue X Wave Energy Machine Returns to Shore

Nov 17, 2021

UK-based wave energy technology company Mocean Energy said Wednesday its Blue X wave energy machine had returned to dock after a successful five-month test period at sea.'In the last few days the 20-meter long, 38-tonne wave machine has been…

Neptune Energy Starts Drilling Production Wells at Fenja Field. First Oil in 1H 2023

Oct 26, 2021

Oil and gas company Neptune Energy has started drilling the first of four production wells on the Fenja field in the Norwegian Sea.The wells are being drilled by the Deepsea Yantai semi-submersible rig, owned by CIMC, and operated by Odfjell Drilling…

UK: EnQuest Acquires Suncor's Stake in Golden Eagle Offshore Area

Oct 25, 2021

Oil and gas company EnQuest has completed the acquisition of a 26.69% stake in the Golden Eagle Area Development in the UK North Sea.The agreement, where EnQuest agreed to buy the Golden Eagle stake from Canada's Suncor Energy, was first announced in February…

Carnegie Launches Wave Energy Device to Power Moored Vessels

Oct 20, 2021

ASX-listed wave energy technology company Carnegie Clean Energy has launched a CETO-derived wave energy product designed for moored vessels, which 'offers a solution to the challenge of securing clean and reliable energy for offshore activities…

Regulator Lays Charges Over 2018 Canada Oil Spill

Oct 19, 2021

The Canada-Newfoundland Offshore Petroleum Board said on Tuesday that it has laid three charges following a 2018 oil spill off Canada's Atlantic Coast.The board said it laid the charges against Husky Oil Operations Limited for the spill in the White Rose Field…

Orbital Picked to Lead EU-backed Floating Tidal Energy Project

Sep 13, 2021

Scottish tidal energy technology developer, Orbital Marine Power (Orbital) will lead a pan-European consortium to deliver the €26.7m FORWARD-2030 project, set up to accelerate the commercial deployment of floating tidal energy.The FORWARD-2030 project consortium will receive €20…

Shell Weighs COVID-19 Vaccine Mandate, Firing Staff Who Resist

Sep 09, 2021

Royal Dutch Shell is considering making it mandatory for workers in some operations to get COVID-19 vaccinations or risk being fired, an internal company document seen by Reuters shows.Shell, which employs some 86,000 workers in more than 70 countries…

Cenovus Shuffles Terra Nova, White Rose Offshore Field Interests

Sep 09, 2021

Cenovus Energy Inc has entered into agreements with its partners in the Atlantic region to restructure the company's working interests in the Terra Nova and White Rose projects, the oil and gas producer said on Wednesday.The deals will raise…

Biden's Clean Energy Plan Critical to Revive Industry That Shed 840,000 Jobs in 2020

Jul 20, 2021

The U.S. energy sector lost 10% of its workforce last year due to the effects of the coronavirus pandemic, according to a report unveiled on Monday by U.S. government officials, who said President Joe Biden's clean energy plan was critical to reviving the industry…

Suncor, Partners Reach Tentative Deal on Future Path for Terra Nova FPSO

Jun 18, 2021

Canadian oil and gas company Suncor Energy said an agreement has been reached for the Terra Nova FPSO (and the namesake oil field) which was last year docked shoreside in Newfoundland after Covid-19 prevented the planned drydocking in Spain…

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