Equinor and Shell have signed an agreement for Shell to acquire a 30 per cent interest in the Bay du Nord oil development offshore Newfoundland and Labrador, Canada, supporting the project’s progress towards a final investment decision targeted for early 2027.
Wood, a global leader in consulting and engineering, has secured two five-year framework agreements with Equinor to provide maintenance and modifications (M&M) services and large modifications projects for installations on the Norwegian Continental Shelf (NCS) and the associated onshore plants.
Archer has announced the award of an integrated Plug and Abandonment (P&A) contract with Equinor for 30 subsea wells.