ST. JOHN'S - Equinor has told investors it will decide in early 2027 whether it will proceed with its proposed Bay du Nord oil project off the east coast of
ST. JOHN’S - Equinor has told investors it will decide in early 2027 whether it will proceed with its proposed Bay du Nord oil project off the east coast of Newfoundland.
Geir Tungesvik, an executive vice-president with the Norwegian energy company, described Bay du Nord as a “basin opener” with a reserve of 550 million barrels of recoverable oil.
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