Equinor wants to revive expensive oil reserves in Norway and Canada thewestonforum.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thewestonforum.com Daily Mail and Mail on Sunday newspapers.
Canada province launches 41-block offshore bid round upstreamonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from upstreamonline.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.
Groups fighting the approval of Canada’s first deepwater offshore oil project aren’t backing down. On Friday, they submitted an appeal after their court case against Bay du Nord was dismissed in June.