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UPDATED 'Running out of time': Suncor set to abandon legacy oilfield offshore Canada

Chief executive hints strongly that the Terra Nova field will be decommissioned, amid lack of partner support for life extension project and Suncor focus on oil sands

Abandonment plan: Suncor Energy chief executive Mark Little says an asset life extension scheme at Terra Nova field off Canada unlikely to go ahead.
Abandonment plan: Suncor Energy chief executive Mark Little says an asset life extension scheme at Terra Nova field off Canada unlikely to go ahead.Photo: REUTERS/SCANPIX
London
CanadaSuncorTerra NovaAmericasNorth America
Published 27 May 2021, 10:49Updated 2 June 2021, 07:13