Sentences with phrase «existing oil sands operations»
While those prices aren't going to cause any existing oil sands operations to shut down, the muted outlook for commodity prices is already prompting large players to shelve plans for new projects.
http://www.jeffrubinssmallerworld.com/ Not exact matches
That's because although a high oil price of $ 50 - $ 70 is necessary to justify investing billions into a new oil sands project, the variable costs of getting a barrel of oil from existing operations are much lower (as low as $ 10 for steamed oil and low $ 20s for mined oil).
Represented leading oil sands owner in drafting and negotiating master EPCM, turnaround, design - build, temporary accommodation and other agreements for use on new projects and existing operations in the Alberta oil sands.