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...
Category: Industry & regulation, Critical infrastructure
Source: gCaptain · 9 Oct 2026
[News] Shell joins Equinor in $9.8bn Canadian offshore project
https://splash247.com/...
Supermajor Shell has agreed to acquire a 30% interest in Equinor’s Bay du Nord project offshore Newfoundland and Labrador as the partners push the development towards a final investment decision targeted for early 2027. Equinor will retain a 70% interest and remain the project operator, which is currently completing front-end engineering and design work. Bay …
Category: Industry & regulation, Critical infrastructure
Source: Splash247 · 12 Oct 2026
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