2017 marked one of the busiest years on record for the Suncor East Coast operations. In addition to the ongoing Terra Nova Floating, Production Storage and Offloading (FPSO) operations, Suncor activity included a rig intake, dive program, annual turnaround and an office move. Most importantly, our continued commitment to safety led the way as the business went the full calendar year without a recordable injury.
Toward the end of the year, another milestone was cause for cake and celebration. In October 2017, Terra Nova achieved 400 million barrels of produced oil, above sanction estimates.
“I’m so proud of our team’s performance with Terra Nova in terms of safe and reliable operations,” explains Steve Hogan, vice president, East Coast, Exploration and Production. “There was a time where it was assumed Terra Nova would no longer be a producing asset by now due to depleted reserves, and here we are setting a production record instead.”
And the East Coast team is not slowing down. Work continues to progress the Terra Nova Asset Life Extension (ALE) program.
“We are working toward an early 2019 go or no go decision,” says Steve. “If we do go ahead, the ALE program will potentially add another 80 million plus barrels of oil – those are exciting possibilities for our East Coast business.”
While the program continues to be reviewed throughout the year, scope, schedule, cost and benefits will be defined to understand if it makes sense economically to pursue.
This story contains forward-looking information. Please see legal advisories for more information.
The East Coast of Canada is a strategic fit with Suncor’s Exploration and Production business, so it’s essential that we are a part of the conversations taking place that help drive development in the region.
On April 6, 2018, Steve Hogan, vice president, East Coast was appointed to Chair of CAPP’s Atlantic Canada Executive Policy Group. Steve’s past oil and gas experience complements the local operator’s voice he brings to the table to discuss opportunities that exist within the industry and the challenges impacting development.
Suncor is also a part of exciting work that’s helping to grow the ocean economy in Canada. On Feb. 15, the Federal government announced the recipients of the supercluster competition, who will receive federally matched dollars to support research and development and disruptive technology solutions. The Ocean Supercluster is one of those recipients. The Ocean Supercluster is a sector-led partnership that brings companies from various sectors together in new collaborations to boost innovation and modernization in Canada’s ocean industries.
Petroleum Research of Newfoundland and Labrador (PRNL) has represented the oil and gas industry as part of the Ocean Supercluster and Suncor is a proud PRNL member. Through PRNL and the other Ocean Supercluster members, we look forward to working together to maximize technology and research development opportunities that provide value to our industry, while supporting future economic growth.
By working with government, industry associations and stakeholders with connections to offshore projects, Suncor is helping to shape the future of the industry in a sustainable way.
Suncor is proud to partner with organizations in Newfoundland and Labrador that help support sustainable communities, develop leaders and promote social change. One partnership with Memorial University of Newfoundland (MUN) is doing just that.
Through the Suncor Energy Foundation (SEF), over the last three years, Suncor has provided funding to MUN to support the development of the Centre for Social Enterprise (CSE). Led by the Faculty of Business Administration and in partnership with the Schools of Music and Social Work, the CSE is an integrated initiative that promotes social innovation within Canada by building upon community spirit, history and culture of Newfoundland and Labrador.
One unique CSE program is the work experience in social enterprise program. Students from different disciplines are brought together to meet the needs of partner community organizations in exchange for practical work experience. One example saw students from the Faculty of Business Administration and the School of Social Work paired together to work at Stella’s Circle on the Rags to Riches project, an initiative in which community support program participants re-purpose donated linens to create industrial rags. The project allowed students to see how social and business principles can co-exist and benefit from one another.
In 2018, SEF committed to two more years of funding to MUN to support their social innovation work. This funding will continue to support initiatives such as CSE, as well as a new master of business administration (MBA) program in Social Enterprise and Entrepreneurship. The new MBA program launched in January 2018, the first of its kind in Canada, and focuses on developing leaders committed to sustainable and social business practices in public, private and not-for-profit sectors. The MBA program will begin in Fall 2019.
For some students, making it to the baseball big leagues is the ultimate goal, but it’s a rare opportunity for most. Junior Achievement (JA) helps students realize that other successful and rewarding careers are achievable, especially when you understand what it takes to get there.
Suncor has supported JA with educational programs that help students in St. John’s, Newfoundland and Labrador explore their potential. On May 4, Suncor team members participated in JA’s World of Choices program. The pilot program brought representatives from a variety of fields to discuss career and educational pathways, and inspire approximately 40 high school students to stay in school until they’ve acquired the necessary knowledge, attitudes and skills to follow their chosen career path.
Mike Doyle, team leader Safety, Strategy & Operations Services for Suncor shared his career experiences in the sessions which focused on: innovation and entrepreneurship, leadership, oil and gas, media, health care, construction and trades, and career planning.
“In Newfoundland, when you say Suncor, people think offshore oil and gas. It’s important that we participate in programs like this to engage youth in understanding that oil and gas is much more diverse than that,” says Mike. “These early career discussions promote the importance of further education as it links to our diverse employment opportunities, as well as encourage students to pursue their own career passion,” explains Mike.
Round table discussions at the World of Choices program allowed students to chat with leaders in different fields and gain a better understanding of career options and the education needed. Students were encouraged to make new contacts, exchange ideas with mentors, and consider the steps for career planning.
“I enjoyed speaking with the students, with many appearing to favour engineering due to the offshore atmosphere. In one conversation, a group of students seemed undecided in their career choices, stating it probably wouldn’t be in the oil and gas industry. I asked what their interests were and was told retail sales, health care, teaching, environmentalist, and fire fighter. They were surprised when I explained that all of those occupations or interests exist within Suncor,” said Mike.
“It was nice to see their surprise and hope that one day their passions will be employed at Suncor, adding to the energy we need to make a better world.”
This story contains forward-looking information. Please see legal advisories for more information.
Deep listening, reflection and connecting with others defined our participation at GLOBE Forum 2018, held March 14 to16 in Vancouver.
GLOBE Forum is the largest and longest-running leadership summit for sustainable business in the world. It brings together over 2,000 decision makers from government, business and non-governmental organizations to share insights and discuss solutions to current environmental and social challenges so we can pursue a cleaner, more prosperous world.
This year’s conference included Suncor chief operating officer Mark Little participating on a panel entitled Energy Futures Collaboration: Indigenous Partnerships to Drive Social, Economic & Ecological Impact, moderated by Melissa Quesnelle (traditional name Naatoi'Ihkpiakii), executive advisor, Indigenous Sustainable Structures Collaborative and Energy Futures Lab Fellow. Mark joined Chief Boucher from Fort McKay First Nation, JP Gladu, president and CEO, Canadian Council for Aboriginal Business (CCAB) and Judith Sayers (Kekinusuqs), president of the Nuu-chah-nulth Tribal Council for a conversation on the increasingly active role of Indigenous governments and communities in energy development.
“GLOBE allows us to listen, learn and have a conversation about Indigenous participation in energy development with a different audience. It was a great opportunity to talk about the journey we have been on with First Nations partners across our businesses, learning how to move forward together, and balancing the impacts of social, economic and environment holistically,” says Mark.
Ginny Flood, VP, government relations, also participated on a GLOBE panel and workshop event entitled Energy reimagined: Rethinking our strategies to navigate the transition. There, the audience explored strategies for adapting to an evolving energy ecosystem including what technologies might shape our energy in the future and how the transition might be financed.
“During the panel and workshop, we heard from some audience members that our industry isn’t stretching ourselves enough,” says Ginny. “Events like GLOBE give us a platform to share the innovation we’re undertaking at Suncor and seeing within our industry. For example, of all research and development spent in the energy sector in 2016 (including electric, energy efficiency, nuclear), fossil fuels was responsible for 75 per cent of this and I think some people were surprised to learn that.”