CANADIAN integrated giant Suncor is waiting on the arrival of semi-submersible rig Transocean Barents to begin drilling and subsea work in the Terra Nova field off Newfoundland & Labrador.

It's not clear how long the Terra Nova oil platform will be shut down ... is feeling the effects of revenue shortfalls after oil rig shutdowns. (Bruce Tilley/CBC) The province will run a deficit ...

On Thursday, another 1,000 litres of oil spilled at a separate rig at the Terra Nova site. Much of that oil was recovered. Production at the field â the second-largest oilfield off ...

Suncor Energy is on the hunt for a rig set to be used in a multi-well drilling campaign at its Terra Nova oilfield offshore ... more years to tap additional oil reserves — known as the Asset ...

The Terra Nova, a towering, deep-sea oil rig normally anchored 350 kilometres out in the North Atlantic, has been floating idle in the bay for months since its owner Suncor Energy Inc. brought it ...

and associated Terra Nova field, have finalized an agreement to restructure the project ownership and move forward with an asset life extension development. Suncor, Cenovus and Murphy Oil now ...

The Terra Nova oil field is a joint venture primarily owned by Suncor Energy with a 48% stake. Other key stakeholders include Cenovus with a 34% share and Murphy Oil (NYSE:MUR), which owns 18%.