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Cenovus Energy Inc T.CVE

Alternate Symbol(s):  CVE.WS | CVE | CNVEF | T.CVE.P.A | T.CVE.P.B | T.CVE.P.C | T.CVE.P.E | T.CVE.P.G | T.CVE.W

Energy Oil & Gas Integrated
Cenovus Energy Inc. is a Canada-based integrated energy company. The Company has oil and natural gas production operations in Canada and the Asia Pacific region, and upgrading, refining and marketing operations in Canada and the United States. The Company's segments include Upstream, Downstream, and Corporate and Eliminations. Its Upstream segment includes Oil Sands, Conventional, and Offshore. Its Downstream segment consists of Canadian Manufacturing, and United States Manufacturing. The Company's upstream operations include oil sands projects in northern Alberta, thermal and conventional crude oil, natural gas and natural gas liquids (NGLs) projects across Western Canada, crude oil production offshore Newfoundland and Labrador and natural gas and NGLs production offshore China and Indonesia. The Company's downstream operations include upgrading and refining operations in Canada and the United States, and commercial fuel operations across Canada.


TSX:CVE - Post by User

Cenovus Energy Inc > Terra-Nova Restart
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Comment by retiredcfon Nov 27, 2023 12:32pm
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Post# 35754601

RE:Terra-Nova Restart

RE:Terra-Nova Restart

As oil prices continued to weigh, Suncor Energy Inc.  dipped after it said on Monday it has restarted the Terra Nova floating oil production and storage offloading vessel in Canada and production is expected to ramp up over the coming months.

Terra Nova is an oilfield located offshore Newfoundland and Labrador.

The site has restarted after the completion of the Terra Nova Asset Life Extension project. In 2021, Suncor and the Terra Nova joint venture owners finalized this project to extend production life by about 10 years.

Suncor, Terra Nova’s operator, owns 48 per cent, and Cenovus Energy Inc.  and Murphy Oil Corp. own smaller stakes.

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