Equinor Delays Bay du Nord Oilfield Decision Amid Benefits Agreement Talks with Newfoundland

Equinor has delayed the decision deadline for its Bay du Nord oilfield project in Newfoundland and Labrador due to negotiations with the provincial government. The company's new deadline is in the near term, and a final decision is expected in 2027. The delay is not a cause for concern, but the project's fate is uncertain due to cost-cutting measures and the government's insistence on fabrication work in Newfoundland and Labrador.