Oil & Gas Industry — Syncrude
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Oil & Gas Industry — Syncrude

 

  • Syncrude is one of the largest producers of crude oil from Canada’s oil sands. They operate a large oil sand mine, utilities plant, bitumen extraction plant and upgrading facility that processes bitumen and produces value-added light, sweet crude oil for domestic consumption and export. We call our product Syncrude Crude Oil (SCO).
  • In 2011, They produced 105.3 million barrels of Syncrude Crude Oil.They currently have the capacity to supply 15% of the nation’s petroleum requirements.
  • They are the largest industrial employer of Aboriginal people in Canada. Aboriginal people make up over 8% oftheir employee workforce. Syncrude has conducted more than $1.7 billion in business with Aboriginal companies since 1992.
  • Syncrude is one of the largest private sector employers in Albertaemploying around 5,500 people directly and an average of 1,000-1,500 maintenance contractor employees. Their operations provide jobs for 14,000 people directly and indirectly across Canada.
  • Over the last five years, They have invested more than $325 million on oil sands research and development projects. More than half of these expenditures are focused on environmental research.
  • Syncrude uses Ryvac Engineering’s dust collectors in their research laboratories.