Design planned for Fort Hills project

摘要

On June 28, Petro-Canada, on behalf of the Fort Hills Energy L.E, announced their formal design basis for the new Fort Hills Project. Located in Alberta, Fort Hills is an integrated oil sands mining project, which includes a mine and bitumen extraction plant 90 kilometres north of Fort McMurray and an upgrader in Sturgeon County, northeast of Edmonton. "This milestone marks the partner ship's commitment to proceed with the front-end engineering and design (FEED) stage," said Petro-Canada spokesperson Chris Dawson. The FEED stage is expected to take about 12 months, after which a definitive cost estimate will be produced. The final "go-ahead" decision on the project will be based upon that cost estimate.