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Suncor Energy has safely restarted the Terra Nova FPSO following the completion of the Terra Nova Asset Life Extension project, the company said in a Nov. 27 press release.
Production is expected to ramp up over the coming months.
“Focusing on safety and operational integrity, we have brought this key offshore project online, providing additional cash flow for our shareholders as well as many benefits to the Newfoundland and Labrador and Canadian economies," said Rich Kruger, Suncor president and CEO. "We appreciate the collaboration and support from the provincial and federal governments regarding this project."
Terra Nova is an oil field located offshore Newfoundland and Labrador approximately 350 km southeast of St. John's. The Terra Nova Partners are Suncor with a 48% stake; Cenovus with 34%; and Murphy Oil Corp. with 18%.
2024-02-28 - TotalEnergies said the Danish North Sea project will take about four months to ramp up and is expected to produce 2.8 Bcm/year.
2024-02-28 - ConocoPhillips is expected to begin production at its Eldfisk Nord project before the first quarter ends.
2024-02-27 - Optime Subsea, which supplied the operation’s remotely operated controls system, says its technology reduces equipment from transportation lists and reduces operation time.
2024-02-27 - Aker BP expects production on the North Sea subsea tieback to begin production during the first quarter.
2024-02-27 - Aramco’s addition of 15 Tcf of gas and 2 Bbbl of condensate brings Jafurah’s proven reserves up to 229 Tcf of gas and 75 Bbbl of condensate.