TotalEnergies buying extra stake in Fort Hills from Teck Resources for around $234 MM (2)
1/27/2023
(Reuters) - France's TotalEnergies said on Friday it would buy an extra 6.65% stake in the Fort Hills Energy Limited Partnership and associated sales and logistics agreements from Teck Resources for 312 MM Canadian Dollars ($234 MM).
The deal will result in TotalEnergies owning a 31.23% stake in Fort Hills Energy Limited Partnership.
($1 = 1.3340 Canadian dollars) (Reporting by Sudip Kar-Gupta Editing by Mark Potter)
Sign up to Receive Our Newsletter
- Cheniere signs deal with Bechtel to expand U.S. LNG export capacity
- TC Energy approves $1.5-B Columbia Gas expansion after profit tops estimates
- Baker Hughes’ fuel flexible NovaLT™ 16 gas turbine certified by RINA for marine propulsion
- Commonwealth LNG FID attracts global syndicate of leading banks
- Honeywell and McNeese State University partner to train the LNG workforce of the future
Comments