Bullboard - Stock Discussion Forum Cenovus Energy Inc CVE.WS

Primary Symbol: T.CVE Alternate Symbol(s): CVE | 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.... see more

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TSX:CVE - Post Discussion

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

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Post by ztransforms173 on Aug 01, 2024 5:06pm

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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