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As Senior Vice-President, Oil Sands, Mr. Camarta is responsible for creating shareholder value from Petro-Canada's Oil Sands business. The Oil Sands portfolio currently consists of a 12% interest in Syncrude, extensive in situ oil sands holdings including the MacKay River project, and a 55% stake in the proposed Fort Hills mine and upgrader project.
As a member of the Company's Executive Leadership Team, Mr. Camarta contributes to the strategic management of Petro-Canada.
Mr. Camarta holds a degree in Chemical Engineering from the University of Alberta. Over 30 years, he has held senior leadership positions with Shell in the energy business in Canada and internationally. Most recently, Mr. Camarta led the successful development, construction and startup of Shell's $6 billion Athabasca Oil Sands Project. Mr. Camarta retired from Shell in September 2005. He joined Petro-Canada in November 2005 as Vice-President, Corporate Planning and Communications. | 