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CMS advises Suncor Energy with the sale of Petro-Canada


CMS Derks Star Busmann has advised Suncor Energy Inc. with the sale of its indirect subsidiary Petro-Canada Netherlands B.V. to the British firm Dana Petroleum.

Petro-Canada Netherlands is an upstream oil and gas exploration and production company that is active in the Dutch sector of the North Sea. The sales transaction involved the sum of € 445 million.

A team including Martika Jonk and Katja van Kranenburg advised Suncor and Petro-Canada Netherlands B.V. on the share transfer and in aspects of employment law and codetermination law relating to the sale.

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