Deal Insight

Suncor acquires additional 5% stake in Syncrude from JX Nippon for US$730 million

Get this report

$1,650

You can pay by card or invoice

Contact us

Submit your details to receive further information about this report.

For details on how your data is used and stored, see our Privacy Notice.
 

- FAQ's about online orders
- Find out more about subscriptions

14 February 2018

Suncor acquires additional 5% stake in Syncrude from JX Nippon for US$730 million

Report summary

Suncor Energy has further increased its stake in the Syncrude Project. On 12 February 2018, the company announced that it had acquired 5% of the project from JX Nippon O&G Exploration (via its subsidiary Mocal Energy) for US$730 million (Cdn$920 million). The transaction increases Suncor's share in the project to 58.74% and marks the exit of JX Nippon from the project.

Table of contents

  • Executive summary
  • Transaction details
  • Upstream assets
  • Deal analysis
  • Upsides and risks
  • Strategic rationale
  • Oil & gas pricing and assumptions

Tables and charts

This report includes 7 images and tables including:

  • Executive summary: Table 1
  • Upstream assets: Table 1
  • Deal analysis: Table 1
  • Deal analysis: Table 2
  • Deal analysis: Table 3
  • Strategic rationale: Table 1
  • Oil & gas pricing and assumptions: Table 1

What's included

This report contains:

  • Document

    Suncor acquires additional 5% stake in Syncrude from JX Nippon for US$730 million

    PDF 287.28 KB

Trusted by leading organisations