Syncrude Canada Ltd.
Syncrude Canada is the world's largest producer of light sweet crude oil from oil sands, and operates the Syncrude Project, a large oil sand mine and supporting plants that produce value-added light, sweet crude oil. Located in the Athabasca Oil Sands, the Project is the #1 single source of oil in Canada, producing 111.3 million barrels annually. The Syncrude Project is a joint venture operated by Syncrude Canada and owned by seven oil and gas entities, including Canadian Oil Sands Trust, Imperial Oil, and Suncor Energy. In 2009 ConocoPhillips announced plans to sell its 9% stake in order to reduce debt. Syncrude supplies about 13% of Canada's crude oil needs.
Contact Details
Executives
Chairman
Marcel R. Coutu
President and CEO
Tom J. Katinas