Canada: C-NLOPB issues Significant Discovery Licence to Equinor Canad and announces volume estimate for the Cambriol G-92 discovery energy-pedia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from energy-pedia.com Daily Mail and Mail on Sunday newspapers.
The oil supply and service sector in Newfoundland and Labrador is once again expressing optimism about Bay du Nord, in the wake of Equinor sending strong signals about reviving the stalled oil project.
Equinor's top executive in Canada, Tore Løseth, says the Norwegian oil giant is exploring all options as it attempts to bring down development costs for the stalled Bay du Nord project in offshore Newfoundland.