Equinor targets US, UK and Brazil for cash flow growth
“But most of the cash flow increase is coming from improvements in the quality of the portfolio. We're shifting from mature legacy assets to next generation assets.”
Bay du Nord
Equinor’s Bay du Nord project passes 1bn barrels of reserves
An Equinor representative confirmed to Energy Voice the company was “now in the market again with concept and feasibility studies related to the Bay du Nord development project”.
BP exits Canadian oil sands, doubles down offshore
BP is selling off its oilsands project in Canada under a deal with Cenovus Energy, which will see it paid in cash and a stake in the offshore Bay du Nord project.
Canada’s love-hate relationship with oil and gas
Canada has energy resources of a scale that its neighbour next door covets and guzzles with abandon. There is a great deal of mutual cross-border dependence but it wasn’t always that way.
Offshore capex set to grow 10% in 2022 despite quiet start, says Jeffries
Analysts at investment banking group Jeffries expects subsea and offshore contract awards to rise by 10% through 2022, despite quarterly declines early in the year.
Canada approves Equinor’s Bay du Nord plan
The Canadian government has approved Equinor’s Bay du Nord project, albeit with the strongest ever greenhouse gas conditions.
Equinor announces £6bn Canadian drilling development deal
Norway's energy giant Equinor has today announced a £6 billion frame agreement for development of the Bay du Nord region of Newfoundland and Labrador.
Statoil looking for help on study development options for Bay du Nord discovery
Statoil is looking for help to study development options for its Bay du Nord discovery in the Flemish Pass Basin.