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Shell agrees to acquire a 30% stake in Bay du Nord. Equinor remains operator, with a final investment decision targeted for early 2027.
Equinor and Shell have joined forces to advance the Bay du Nord offshore oil development in Canada, with the partnership expected to strengthen project execution.
Shell is joining the project after Equinor bought out BP’s stake in July 2026, aiming to take it to a final investment decision in 2027