The Bay du Nord FPSO development concept; Source: Equinor

$12-billion mega Bay du Nord oil project put on the back burner for three years

Norwegian state-owned energy giant Equinor has put on hold for three years the development of its controversial Bay du Nord oil project off the coast of Newfoundland and Labrador, which the country’s government expects to be among the world’s lowest carbon projects per barrel of oil.

This article is exclusive for subscribers

Starter Trial

€ 0free for 4 weeks


  • Unlimited access for 4 weeks
  • Weekly premium update in your mailbox
Try for free

Yearly subscription

€ 66/ year

Save 15%


  • Pay yearly
  • Weekly premium update in your mailbox
Subscribe now

Checking permission...