Cenovus Energy Inc T.CVE

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

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 > CC: LLoydminster Upgrader TURNAROUND CAPEX: $ 210-220M

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Post by ztransforms173on Aug 01, 2024 5:06pm

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Post# 36159183

CC: LLoydminster Upgrader TURNAROUND CAPEX: $ 210-220M

- 56 DAYS (DELAYED by 7 DAYS due to BAD WEATHER)

- over 1 million MANHOURS of labor

- over 3,200 CONTRACT PERSONS on site

- LARGEST in the UPGRADER'S history

- BOOKED ENTIRE COST in Q2/2024

- NEXT MAJOR TURNAROUND is DUE in 4 YEARS

- they are HARDENING the DOWNSTREAM OPERATIONS as they undergo turnarounds to IMPROVE RELIABILITY and RESILIENCY and hopefully LOWERING OPERATING COSTS

z173

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