Saving Terra Nova

Suncor Energy could boost stake to 48%; several current owners expected to quit

Gary Park

for Petroleum News

The Newfoundland government, oil industry associations and labor unions may have moved what most thought was immovable. Suncor Energy, under intense pressure, has crafted an 11th-hour tentative agreement with its six co-owners to extend production at its Terra Nova offshore field. If all parties end....

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80 million barrels remaining

Direct employment down to 445