Deal Insight
TotalEnergies exits Canada with oil sands sale to Suncor
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*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Suncor's acquisition of TotalEnergies non operated oilsands working interests in the Surmont in situ project and Fort Hills mine significantly progresses Suncor's renewed strategic focus on the oilsands and mid to long term need to fill the companies upgrader feedstocks. For TotalEnergies the exit from Canada and the oilsands reduces the carbon intensity of TotalEnergies' portfolio while also easing environmental pressures on operating in the oilsands. The report reviews: Deal terms Historical M&A transactions for the respective assets Strategic rationale behind the transaction for both buyer and seller. Potential deal upside and future risk Analysis of the deal valuation
Table of contents
- Executive summary
- Transaction details
-
Upstream assets
- Ownership History
- Operation summary
- Deal analysis
- Upsides and risks
-
Strategic rationale
- Suncor
- TotalEnergies
- Oil & gas pricing and assumptions
Tables and charts
This report includes the following images and tables:
- Executive summary: Table 1
- Deal analysis: Table 1
- Deal analysis: Table 2
- Deal analysis: Table 3
- Oil sands deals compared by consideration per production
- Oil & gas pricing and assumptions: Table 1
- Oil & gas pricing and assumptions: Table 2
- Upstream assets: Table 1
What's included
This report contains:
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