The deal implies a total value of $740.59m, and is scheduled for completion by the second quarter of 2016.
Owned and operated by Syncrude Canada, the Syncrude project produces crude oil from the oil sands in the Athabasca Oil Sands Region.
Seadrill Limited has concluded the sale of its 8.2% stake in SapuraKencana Petroleum Berhad to improve its cash flows for better managing corporate operations.
The transaction involves disposal of 490 million shares, valued at approximately $195m.
Epidote offers multi-finger imager processing software (MIPS) for the oil and gas industry.
The acquisition allows EV to integrate Epidote’s offerings into its existing product portfolio to better serve the requirements of the customers.