Exploration and production (E&P)

Our E&P business consists of offshore operations off the east coast of Canada and onshore assets in Libya and Syria.
Side shot of the Terra Nova site far in the distance with a small boat in front.

Portfolio update:

On October 4, 2026, Suncor announced that it has entered into a definitive agreement to sell its 48% interest in Terra Nova, 40% interest in White Rose and 38.6% interest in West White Rose offshore assets to Ithaca Energy plc (Ithaca). The transaction has an effective date of July 1, 2026 and is expected to close in early 2027, subject to customary closing conditions, regulatory approvals and partner consents. Suncor will retain its interests in Hebron and Hibernia.

Read the full release

Canada

International interests