Suncor Energy selling North Sea offshore assets in deal valued at $1.2B
Suncor interim chief executive Kris Smith says the decision to sell the U.K. exploration and production business is an example of the company’s commitment to optimize its asset portfolio.
The deal includes Suncor’s non-operated 29.9 per cent stake in the Buzzard field and its 40 per cent stake in the Rosebank development.
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