Equinor Dusts Off Bay du Nord Project in Canada

January 28, 2024--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--Two contracts awarded by Equinor (NYSE:EQNR) (Stavanger, Norway) for work in the Bay du Nord project off the eastern coast of Canada show the company is serious about moving ahead with the stalled light-oil development. For undisclosed terms, Equinor handed out separate contracts to BW Offshore (Oslo, Norway) and Altera Infrastructure (Pembroke Parish, Bermuda) to support the development of a production and storage vessel slated for a field off the coast of Newfoundland and Labrador. Other companies featured: BP plc (NYSE:BP) and SLB (NYSE:SLB)