Page 134 - Suncor AR English
P. 134
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
29. JOINT ARRANGEMENTS
Joint Operations
The company’s material joint operations as at December 31, 2013 are set out below:
Country of
incorporation and
principal place of Ownership % Ownership %
Material Joint Operations Principal activity business
2013
2012
Oil Sands
.......................................................................................................................................................................................................................................................
Operated by Suncor:
.......................................................................................................................................................................................................................................................
Fort Hills Energy Limited Partnership Oil sands development Canada 40.80 40.80
.......................................................................................................................................................................................................................................................
Non-operated:
.......................................................................................................................................................................................................................................................
Syncrude Oil sands development Canada 12.00 12.00
.......................................................................................................................................................................................................................................................
Joslyn Oil sands development Canada 36.75 36.75
.......................................................................................................................................................................................................................................................
Exploration and Production
.......................................................................................................................................................................................................................................................
Operated by Suncor:
.......................................................................................................................................................................................................................................................
Terra Nova Oil and gas production Canada 37.68 37.68
.......................................................................................................................................................................................................................................................
Non-operated:
.......................................................................................................................................................................................................................................................
White Rose and the White Rose
Extensions Oil and gas production Canada 26.13-27.50 26.13-27.50
.......................................................................................................................................................................................................................................................
Hibernia and the Hibernia South
Extension Unit Oil and gas production Canada 19.51-20.00 19.51-20.00
.......................................................................................................................................................................................................................................................
Hebron Oil and gas production Canada 22.73 22.73
.......................................................................................................................................................................................................................................................
Harouge Oil Operations Oil and gas production Libya 49.00 49.00
.......................................................................................................................................................................................................................................................
Buzzard Oil and gas production United Kingdom 29.89 29.89
.......................................................................................................................................................................................................................................................
Golden Eagle Area Development Oil and gas production United Kingdom 26.69 26.69
Joint Ventures and Associates
The company does not have any joint ventures or associates that are considered individually material. Summarized
aggregate financial information of the joint ventures and associates in the company’s refining and marketing operations
are shown below:
Joint ventures
Associates
($ millions) 2013 2012 2013
2012
Net earnings 9
31 10 8
.......................................................................................................................................................................................................................................................
Other comprehensive (loss) income (2) 3 — —
Total comprehensive income
7 34 10 8
Carrying amount as at December 31
120 121 46 37
130 SUNCOR ENERGY INC. ANNUAL REPORT 2013