Field_Development

"Devastating": Suncor ponders plan to permanently shut-in Canada offshore field

Operator contacts market about abandoning Terra Nova oilfield, but parallel talks with Newfoundland & Labrador province could keep production going

On location: the Terra Nova FPSO on the eponymous oilfield offshore Newfoundland & Labrador, before being taken to shore seeking an upgrade in late 2019
On location: the Terra Nova FPSO on the eponymous oilfield offshore Newfoundland & Labrador, before being taken to shore seeking an upgrade in late 2019Photo: SUNCOR
London
Suncor EnergyCanadaTerra NovaNewfoundland & LabradorAmericas
Published 4 May 2021, 13:11Updated 5 May 2021, 15:55