Athabasca Oil Sands Project (AOSP) Asset Swap and Integration
Sector: Oil and Gas • Location: Calgary, Alberta, Canada
Source: Financial Content
Canadian Natural Resources Limited completed an asset swap transaction with Shell Canada Limited involving the Athabasca Oil Sands Project. The swap resulted in Canadian Natural owning 100% of the Albian oil sands mines and retaining an 80% non-operated interest in the Scotford Upgrader and Quest Carbon Capture and Storage facilities. Shell owns a 20% interest in the Scotford Upgrader and Quest fa
- Status
- Closed
- Sector
- Oil and Gas
- Location
- Calgary, Alberta, Canada
- Updated
- 22 Jul 2026
- Source
- Financial Content
ConstructChat
Ask ConstructChat about Athabasca Oil Sands Project (AOSP) Asset Swap and Integration
Pick a question to edit it, or write your own.
First answer free · no account
Project Information FAQ
Project Information
Participants
| Not available for this record. |
Status
Original status | completed |
Taiyo status | Closed |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Canadian Natural Resources Limited completed an asset swap transaction with Shell Canada Limited involving the Athabasca Oil Sands Project. The swap resulted in Canadian Natural owning 100% of the Albian oil sands mines and retaining an 80% non-operated interest in the Scotford Upgrader and Quest Carbon Capture and Storage facilities. Shell owns a 20% interest in the Scotford Upgrader and Quest facilities and remains the operator of the Scotford Upgrader. This transaction enhances operational efficiency and integrates equipment and services across mining operations. |
Original sector | Energy |
Location
Country | Canada |
State | Alberta |
City | Calgary |
Source
Source | Financial Content |
URL |
More Details
Record type | Project |
Sector | Oil and Gas |
Article published date | 2025-11-06 |
Research
Free account
View all details
You are reading the public part. A free account opens the rest:
- Every detail on this project
- News and media coverage
- Technical research
Free account · no card · lands you back on this project