Bay du Nord Deal Reopens $14B Newfoundland Offshore Project

Newfoundland and Labrador has signed an agreement with Equinor and BP that moves Bay du Nord toward construction and production, reviving a project Premier Tony Wakeham framed as a return to active offshore oil and gas expansion after years of delay. The project carries a stated potential $14 billion investment by Equinor and BP and […] The post Bay du Nord Deal Reopens $14B Newfoundland Offshore Project appeared first on the deep dive.