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BP sells interest in Bay du Nord project offshore Newfoundland and Labrador
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BP sells interest in Bay du Nord project offshore Newfoundland and Labrador
Illustration shows the planned Bay du Nord Floating Production Storage and Offloading (FPSO) vessel. THE CANADIAN PRESS/HO-Equinor **MANDATORY CREDIT** BP says it has signed a deal to sell its interest in the Bay du Nord project offshore Newfoundland and Labrador to Equinor, the project’s Norwegian operator, as the London-based energy giant looks to simplify its global portfolio. Financial terms of the deal were not immediately available. “We’re…
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