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Equinor and BP sign agreement to advance $10bn Bay du Nord project

people_culture UTC: 2026-03-05 02:20:00

The government of Newfoundland and Labrador has signed a framework agreement with Equinor and BP to advance the construction of the long-delayed Bay du Nord offshore oil project. The government said the CAD 14bn ($10.2bn) agreement will also allow the province to take an equit...

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