Project Ownership

Fort Hills Energy LP

The Fort Hills oil sands mining project is jointly owned through the Fort Hills Energy LP (FHELP) which consists of three limited partners – or co-owners:

Suncor Energy Inc. 50.8% interest
Total E&P Canada Ltd. 29.2% interest
Teck Resources Limited 20.0% interest

Through its affiliate, Suncor Energy Operating Inc. (SEOI), Suncor is the developer and operator of the Fort Hills project via an operating services contract.

Suncor Energy Inc.  is Canada’s largest integrated energy company and the first company to commercially develop the oil sands – creating an industry that is now a key contributor to Canada's prosperity.

Total E&P Canada Ltd.  is a subsidiary of Total S.A. Their focus is to combine cost efficiency with top-tier environmental and social performance to deliver the best possible projects for all of their stakeholders.

Teck Resources Limited  is a diversified resource company committed to responsible mining and mineral development with major business units focused on copper, steelmaking coal, zinc and energy.

Fort Hills project ownership

 

Read more about mine plan and extraction process