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The company announced over the weekend it will shed between 5 percent to 10 percent from the over 3,000 workforce at the Athabasca oil sands project.
Marathon Oil said that negotiations to sell a portion of its 20 per cent stake in the Athabasca Oil Sands Project in Canada ended without a deal.
In 2011, Shell started production at three major projects Pearl GTL, Qatargas 4 and the expansion of the Athabasca Oil Sands Project that reflect some of Shell's key strengths: innovation and technology.
The pipeline transports diluted bitumen from the Athabasca Oil Sands Project (AOSP) near Fort McMurray, Alberta to the Scotford Upgrader near Fort Saskatchewan, Alberta.
Shell issues formal proposal to expand the Athabasca Oil Sands Project 28/07/2006 Royal Dutch Shell plc today welcomed the below announcement by Shell Canada: Shell issues formal proposal to expand the Athabasca Oil Sands Project Calgary, Alberta - Shell Canada Limited announced that it has issued a formal proposal to proceed with Expansion 1 to the other Athabasca Oil Sands Project (AOSP) joint venture owners.
5 billion Sable Offshore Energy Project -- a joint venture, natural gas initiative off the coast of Nova Scotia -- before moving to Calgary to work as audit manager for Shell Canada's Athabasca Oil Sands project.
8 billion is related to the company's remaining share of the Athabasca Oil Sands project, which was launched in late 1999.
As per this contract, Fluor will offer EPC services for Shell's carbon capture facility for Quest at Athabasca Oil Sands project in Alberta, Canada.