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The Norwegian oil field Ekofisk is seen in this photo in the North Sea of Norway.
The Norwegian oil field Ekofisk is seen in this photo in the North Sea of Norway.
(Scanpix/AP)

Suncor’s assets in Norway no longer a footnote

Suncor Energy Inc.’s assets in Norway have long been under investors’ radar , so the oil sands producer raised some eyebrows this week when it spent time explaining what it now calls a “principal exploration theatre.”

At the company’s inaugural investor day, executives talked up offshore Norway as the next core piece of a traditional exploration and production business in which numerous assets have been sold to cut debt since 2009.