State-owned utility Abu Dhabi National Energy Co has hired advisors for the sale of its oil- and gas-producing assets in Canada, Reuters reported on Wednesday, making it the latest foreign company to seek to exit the Canadian energy industry.
Foreign companies, including Exxon Mobil, Royal Dutch Shell, TotalEnergies and others, have sold at least $33 billion worth of oil- and gas-producing assets in Canada since 2016, according to data from IHS Markit.
Below is a list of non-Canadian companies that still own assets in the country.
BP plc: 50% interest in Sunrise Energy Project, East Coast Canada
Chevron Corp: 20% interest in Athabasca Oil Sands Project, Duvernay, Kitimat LNG, and East Coast Canada
CNOOC Ltd: Long Lake Oil Sands Project
ConocoPhillips: 50% interest in Surmont oil sands project: Montney
Equinor ASA: East Coast Canada
Exxon Mobil Corp: Oil sands, unconventional: East Coast Canada
Murphy Oil Corp: Montney, Duvernay, East Coast Canada
Ovintiv Inc: Montney
Royal Dutch Shell: 10% interest in AOSP, unconventional Western Canada, LNG plc Canada
Total Energies: 50% interest in Surmont oil sands project, 25% in Fort Hills oil sands project.