Overview
Headquarters
Fort McMurray, AB
Syncrude is one of the largest operators in Canada’s oil sands industry with a 50-year history of responsible operations and ongoing innovation. We’re proud to be a local operator based in Fort McMurray, Alberta, with a large research and development facility in Edmonton. Our operations are supported by 4,700 employees. Syncrude is known for pioneering many of the technologies used today in the industry, including an expanding suite of techniques to improve environmental and economic performance. We are also a recognized leader in Aboriginal relations, as evidenced by annual procurement of more than $300 million from Aboriginal-owned companies - over $3 billion to date. Syncrude is recognized as one of the country’s largest employers of Aboriginal people. Reclamation is a top priority with over 3,800 hectares of former mine land now restored, and another 1,000 hectares ready for revegetation. To date, Syncrude has planted more than 8.5 million tree and shrub seedlings, and is involved in pioneering work to reclaim wetlands, such as our Sandhill Fen. Syncrude contributed over $5.4 billion to the Canadian economy in 2017 – with over one third in the local Wood Buffalo region – through the procurement of goods and services, payment of taxes and royalties, salaries, wages and benefits. For more information, visit: www.syncrude.ca. Syncrude Canada is a largest operators in Canada’s growing oil sands industry. Syncrude is one of the largest operators in Canada’s oil sands industry with a 50-year history of responsible operations and ongoing innovation. We’re proud to be a local operator based in Fort McMurray, Alberta, with a large research and development facility in Edmonton. Our operations are supported by 4,700 employees. Syncrude is known for pioneering many of the technologies used today in the industry, including an expanding suite of techniques to improve environmental and economic performance. We are also a recognized leader in Aboriginal relations, as evidenced by annual procurement of more than $300 million from Aboriginal-owned companies - over $3 billion to date. Syncrude is recognized as one of the country’s largest employers of Aboriginal people. Reclamation is a top priority with over 3,800 hectares of former mine land now restored, and another 1,000 hectares ready for revegetation. To date, Syncrude has planted more than 8.5 million tree and shrub seedlings, and is involved in pioneering work to reclaim wetlands, such as our Sandhill Fen. Syncrude contributed over $5.4 billion to the Canadian economy in 2017 – with over one third in the local Wood Buffalo region – through the procurement of goods and services, payment of taxes and royalties, salaries, wages and benefits. For more information, visit: www.syncrude.ca. It's no sin to be interested in crude material. Syncrude Canada is the world's largest producer of light sweet crude oil from oil sands, and operates the Syncrude Project, a large oil sands mine that produces value-added light, sweet crude oil. Located in the Athabasca Oil Sands, the Project is the #1 single source of oil in Canada, producing 350,000 barrels per day. The Syncrude Project is a joint venture operated by Syncrude Canada and owned by a group of oil and gas entities, including Imperial Oil and Suncor Energy . In 2010 ConocoPhillips sold its 9% stake in Syncrude to Sinopec for $4.7 billion to reduce debt. Suncor Energy was seeking to acquire a majority stake in Syncrude in 2016. Try D&B Hoovers Free It's no sin to be interested in crude material. Syncrude Canada is the world's largest producer of light sweet crude oil from oil sands, and operates the Syncrude Project, a large oil sands mine that produces value-added light, sweet crude oil. Located in the Athabasca Oil Sands, the Project is the #1 single source of oil in Canada, producing 350,000 barrels per day. The Syncrude Project is a joint venture operated by Syncrude Canada and owned by a group of oil and gas entities, including Imperial Oil and Suncor Energy . In 2010 ConocoPhillips sold its 9% stake in Syncrude to Sinopec for $4.7 billion to reduce debt. Suncor Energy was seeking to acquire a majority stake in Syncrude in 2016.
