VOCM News
Agreement reached on Bay du Nord ownership; Shell to acquire 30 per cent
An agreement has been reached for Shell to purchase a 30 per cent ownership interest in the Bay du Nord project. The development is relevant to NL tradespeople because major offshore projects can create future industrial and marine construction opportunities.
Illustrative photo“(Map courtesy Equinor.)”
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Bay du Nord
Planned · St. John's
Bay du Nord
A deepwater oil development in the Flemish Pass — still not sanctioned, with a final decision targeted for early 2027.
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