US EditionEquinor hires companies for work on stalled Bay du Nord oilfield off Newfoundland
- Equinor has contracted two companies for preliminary work on the stalled Bay du Nord offshore oil project in Newfoundland and Labrador.
- BW Offshore will conduct a preliminary design study for a production and storage vessel in the Bay du Nord oilfield.
- Altera Infrastructure has also been hired for a preliminary design contract related to the project.
- The Canadian government approved the Bay du Nord development in 2022, but Equinor has put the project on hold for up to three years.
35 Articles
35 Articles
Equinor Making Progress in Reworking Bay du Nord Plans
Equinor says significant progress has been made in reshaping the Bay du Nord project with a focus on costs and inflationary impacts. The company shocked the local oil and gas sector when it announced in May of 2023 that it was putting the massive deep-sea project on pause for up to three years. Tore Løseth, Equinor’s manager of Canadian operations. (VOCM News) Equinor went back to the drawing board to find efficiencies. In November, Equinor Cana…
Equinor hires companies for work on stalled Bay du Nord oilfield off Newfoundland - Canadian Energy News, Top Headlines, Commentaries, Features & Events
ST. JOHN'S, N.L. — Norwegian energy giant Equinor has contracted two companies to do preliminary work for the stalled Bay du Nord offshore oil project in Newfoundland and Labrador. BW Offshore, an international company headquartered in Norway, says Eq...
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