Equinor says it will retain a 70 per cent operating interest in the project, which would be the first deepwater oil development in Canada if it goes ahead ... .
(SBM Offshore). MT. By. MichelleThompson...Shell has joined Equinor's Bay du Nord project off the coast of Newfoundland, giving the offshore development a new partner months after BP exited the venture and sold its interest to Equinor ... OR. Pay with Card.
) Equinor and Shell partner on the Bay du Nord project ... Equinor and Shell have signed an agreement under which Shell will acquire a 30% interest in the Bay du Nord project offshore Newfoundland and Labrador in Canada.
9, 2026 /CNW/ -- Shell CanadaEnergy, an affiliate of Shell plc ("Shell"), has reached an agreement with Equinor to acquire a 30% non-operated interest in the Bay du Nord project.
Shell has agreed to acquire a 30% stake in Equinor’s Bay du Nord offshore oil project in Canada, bringing a new partner into the estimated C$14 billion development as it moves toward a final investment decision in early 2027.