VOCM News
Shell to Purchase 30% Stake in Bay du Nord Project
Shell has agreed to purchase a 30 per cent stake in the Bay du Nord project, according to Premier Tony Wakeham. The development is relevant to NL trades people because changes in ownership could affect the project's future work and contracting opportunities.
Illustrative photo“Premier Tony Wakeham speaks about the recent agreement for Shell to purchase a 30 per cent stake in the Bay du Nord project (VOCM 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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