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NTV NewsEastern (Burin & Bonavista)

Shell buys 30% stake in proposed Bay du Nord project

Shell has acquired a 30 percent interest in the proposed Bay du Nord oil project off Newfoundland’s east coast. The ownership change keeps a major industrial development in focus for NL’s construction and marine workforce as the project advances.

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“Shell has bought a 30 percent stake in the proposed Bay du Nord oil project off the east coast of Newfoundland. As NTV’s Ben Cleary tells us, Premier Tony Wakeham is touting the sale as a big win for…”
Excerpt — NTV News
Read the full story at NTV News

BuildNL did not write this story. We publish the headline, our own summary, a short quoted excerpt and a link — the reporting belongs to NTV News. How we source news.

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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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