BP in Canada
BP Canada Energy Group ULC is dedicated to maintaining our values of Safety, Respect, Excellence, Courage and One Team. We uphold these values both internally, and externally in the areas we operate.
BP in Canada focuses on developing energy from Canada’s oil sands, home to the third-largest crude reserves in the world. Tapping into our vast experience in producing oil and gas from reservoirs in challenging environments, BP in Canada is also pursuing offshore opportunities in frontier areas such as the Arctic and Nova Scotia. Our Integrated Supply and Trading business spans the country and makes us one of the top oil and natural gas marketers and traders in Canada. Based in Calgary, Alberta, we currently have a workforce of more than 400.
What we do
As a major buyer of Canadian crude oil and natural gas, we are helping to supply customers with safe and reliable energy every day. We also provide risk management services for commodities including oil, natural gas, natural gas liquids and power to both producers and consumers.
In addition to these activities, our objective is to be a major producer of the oil sands with output of more than 200,000 barrels per day in the long term. We currently hold interests in three oil sands assets in northeastern Alberta, with BP operating one of these assets. It is anticipated that each of these developments will use in situ drilling technology called Steam-Assisted Gravity Drainage, or SAGD. We are also exploring parts of the Arctic’s Beaufort Sea and are planning for seismic activities offshore Nova Scotia.
The company holds interests in three oil sands assets in the Athabasca region of northeastern Alberta suitable for in situ development using SAGD technology:
- A partnership with Husky Energy Inc. to develop the Sunrise Energy Project. BP is a 50 per cent owner with Husky as operator.
- A joint venture with Devon NEC Corporation to develop the Pike oil sands lease. BP is a 50 per cent owner with Devon as operator.
- A partnership with Value Creation Inc. to develop the Terre de Grace oil sands lease. BP is a 75 per cent owner and operator.
The resource potential of these projects is expected to provide a secure supply of oil to consumers in North America. We recognize that oil sands projects raise environmental challenges, and we are actively seeking ways to undertake these projects while minimizing the environmental footprint.
BP Exploration Operating Company Limited (BPEOC) is exploring parts of the Beaufort Sea in Canada’s Arctic under a joint operating agreement with Imperial Oil Ventures Resources Ltd. and ExxonMobil Canada Ltd. BP and its partners are preparing for the regulatory approval process required to make a drill decision. BPEOC holds 100 per cent ownership of two other exploration blocks in the Beaufort Sea. In total, BP holds more than 8,000 square kilometres in active exploration licences.
BP Exploration (Canada) Limited holds exploration licences for four blocks offshore Eastern Canada, which cover an area of almost 14,000 square kilometres, or more than twice the size of Prince Edward Island. The leases are located approximately 300 kilometres off the coast, southeast of Halifax, Nova Scotia, in water depths ranging from 100 to over 3,000 metres. The next step for BP is to plan for seismic activities over the blocks to evaluate their resource potential.
Please use the contact details below to call or write to us at BP Canada. We aim to deal with your enquiries as quickly as possible.
BP office in Canada
- BP Canada Energy Group ULC
240- 4th Avenue SW
Calgary AB T2P 2H8
Tel: (403) 233-1313