Exploration and production

Our Exploration and Production (E&P) business consists of offshore operations off the east coast of Canada and the North Sea, and onshore assets in Libya and Syria.
An orange floating production storage and offloading unit sits in the middle of the Atlantic Ocean near Newfoundland and Labrador.

Exploration and production at a glance

~100 mboe/d

2020 production volume.

East Coast Canada

International interests

Our Exploration and production (E&P) business consists of offshore operations off the east coast of Canada and in the North Sea, and onshore assets in Libya and Syria. The exploration and production business provides portfolio diversity with low-cost conventional production, which helps balance against higher cost oil sands production, particularly when crude prices are low.

Exploration and production regions of oil and gas production

An oil and gas infrastructure located in the Central North Sea with two rising steel structure pointing towards the sky sits in the middle of the sea. Clouds are seen in the horizon.
Buzzard field is located in the Central North Sea and came on-stream in early 2007. Suncor holds a 29.9% interest.