Suncor Energy Inc. Toggle search box visibility Syncrude Syncrude is one of the largest operations in Canada’s oil sands industry. In addition to the mining operations near Fort McMurray, Alberta, there is a significant research centre in Edmonton. Suncor became operator on September 30, 2021. Syncrude at a glance 4,700 hectares The total number of hectares of land Syncrude has reclaimed since operations began. 1.1 million Syncrude planted 1.1 million tree and shrub seedlings in 2020. $4.7 billion Syncrude’s total procurement from Indigenous businesses to date. Location Mildred Lake Plant Site PO Bag 4009 Fort McMurray, Alta. T9H 3L1 The Syncrude joint venture began in 1964 and started mining at the Mildred Lake site in 1978. After more than 55 years of innovation, many of the processes used in the industry today were pioneered by Syncrude, including an expanding suite of technologies to improve environmental and future economic performance. Suncor successfully assumed the role of operator of the Syncrude asset on September 30, 2021, a critical step towards driving greater integration, efficiencies and competitiveness across all Suncor-operated assets in the region. Assuming operatorship reflects our confidence in the Syncrude asset and we expect to improve operational performance, efficiency and competitiveness, and capture increased value by capitalizing on the collective strength of all of the Suncor-operated assets in the region. The change in operatorship is expected to generate annual gross synergies for the joint venture owners of $100 million in the first six months, with an additional $200 million through 2022-2023. Video: How we make oil at Syncrude How Syncrude produces oil Syncrude’s production process incorporates oil sands surface mining, followed by water-based extraction of the raw oil — known as bitumen — from the sand. The bitumen is then upgraded into a high quality, light, sweet crude oil through fluid coking, hydroprocessing, hydrotreating and reblending. The final product, Syncrude Sweet Premium, is sent by pipeline to Edmonton area refineries and then via pipeline terminals to refineries across Canada and into the United States. While Syncrude’s operations produce the energy Canadians need, how it is done is equally important. Syncrude is focused on responsible development that encompasses research and innovation, Indigenous and regional engagement, environmental stewardship, providing a respectful and rewarding workplace, and generating shared value that benefits the country and local communities. Project ownership Syncrude is jointly owned by four partners. COMPANY PERCENTAGE Suncor 58.74% Imperial Oil 25.0% Sinopec 9.03% CNOOC 7.23% WHAT WE DO Locations Refining Oil sands Base Mine Extension Coke Boiler Replacement Project Lewis Meadow Creek Fort Hills Syncrude Low-carbon power Low-carbon fuels Exploration and production Supply and trading Petro‑Canada Syncrude News Working at Syncrude Syncrude Contractor Learning Sustainability at Syncrude Email us: info@syncrude.com Welcome to the herd Our purpose is to provide trusted energy that enhances people’s lives, while caring for each other and the Earth. Careers menu Investors menu Contractors and suppliers menu Contact us Sign up for news Legal and privacy Petro‑Canada Follow us © Suncor Energy Inc. 2021. All Rights Reserved. ™ Trademark of Suncor Energy Inc.