Suncor to sell non-core offshore assets to UK-based Ithaca Energy
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Suncor Energy Inc. has agreed to sell its shares in several offshore oil assets located off the east coast of Canada to Ithaca Energy plc., a company based in the United Kingdom. This transaction marks a strategic move by Suncor to divest non-core assets and allows Ithaca Energy to expand its offshore portfolio.
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Originally published by gnews