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Suncor restarts production at Terra Nova

Published 12/04/2018, 08:59 AM
Updated 12/04/2018, 08:59 AM
© Reuters.  Suncor restarts production at Terra Nova
  • Suncor Energy (NYSE:SU) says it has restarted production at its Terra Nova FPSO located offshore Newfoundland and Labrador.
  • The Terra Nova FPSO was shut down for repairs before a major storm struck last month, which affected production on Canada’s several offshore facilities; repairs were completed but Terra Nova remained shut down during the storm and did not start until inspections were complete.
  • Canada’s C-NLOPB regulator says production startup of the Terra Nova FPSO started Dec. 2 with a slow and controlled production restart process.
  • Also, Husky Energy (OTCPK:HUSKF) SeaRose FPSO remains shut after spilling ~250 cm of oil as a result of the severe weather conditions off Canada.
  • Now read: MEG Energy: Trust In Management Is Key


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