{"id":8826,"date":"2023-11-22T17:19:13","date_gmt":"2023-11-22T17:19:13","guid":{"rendered":"https:\/\/roydadnaft.ir\/English\/?p=8826"},"modified":"2023-11-24T05:57:52","modified_gmt":"2023-11-24T05:57:52","slug":"totalenergies-completes-sale-of-canadian-assets-to-suncor","status":"publish","type":"post","link":"https:\/\/roydadnaft.ir\/English\/8826\/","title":{"rendered":"TotalEnergies completes sale of Canadian assets to Suncor"},"content":{"rendered":"<div class=\"entry-content\" itemprop=\"description\"><p><span class=\"pre-content-text\"><a style=\"color: #0038a8;\" href=\"https:\/\/roydadnaft.ir\/English\/\">RoydadNaft &#8211; <\/a><\/span>\u00a0TotalEnergies has completed the sale of its upstream Canadian assets to Suncor for 1.47 billion Canadian dollars ($1.1 billion).<\/p>\n<p class=\"mdc-article-paragraph\" data-v-02ca9be7=\"\" data-v-faa5281e=\"\" data-v-23f1d76c=\"\">The French company said late on Monday that the sale comprises its participation in the Fort Hills oil sands asset and associated midstream commitments. Including adjustments, the company received a cash payment of CAD1.83 billion.<\/p>\n<p class=\"mdc-article-paragraph\" data-v-02ca9be7=\"\" data-v-faa5281e=\"\" data-v-23f1d76c=\"\">Last month, TotalEnergies sold its 50% participation in Surmont and associated midstream commitments to ConocoPhillips for a cash payment of CAD3.7 billion, with future contingent payments of up to CAD440 million.<\/p>\n<p class=\"mdc-article-paragraph\" data-v-02ca9be7=\"\" data-v-faa5281e=\"\" data-v-23f1d76c=\"\">&#8220;With these two divestments over the last couple of months, TotalEnergies effectively exits the Canadian oil sands, focusing our allocation of capital to oil &amp; gas assets with low breakeven,&#8221; said Chief Financial Officer Jean-Pierre Sbraire.<\/p>\n<p class=\"mdc-article-paragraph\" data-v-02ca9be7=\"\" data-v-faa5281e=\"\" data-v-23f1d76c=\"\">The company said it has received more than $4 billion from these sales in the fourth quarter and that, as previously announced, it will use $1.5 billion as buybacks in 2023.<\/p>\n<div class=\"post-date no-social-btn post-updated\">Updated on<time class=\"updated dt-updated\" itemprop=\"dateModified\" datetime=\"2023-11-24T05:57:52+00:00\"> 24 November 2023<\/time><\/div><\/div>","protected":false},"excerpt":{"rendered":"TotalEnergies has completed the sale of its upstream Canadian assets to Suncor for 1.47 billion Canadian dollars ($1.1 billion).","protected":false},"author":1,"featured_media":8827,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[47,17,46,36,35],"tags":[],"services":[],"class_list":["post-8826","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-breaking-news","category-economy","category-international","category-lastnews","category-topnews"],"_links":{"self":[{"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/posts\/8826","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/comments?post=8826"}],"version-history":[{"count":0,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/posts\/8826\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/media\/8827"}],"wp:attachment":[{"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/media?parent=8826"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/categories?post=8826"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/tags?post=8826"},{"taxonomy":"services","embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/services?post=8826"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}