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Canadian regional subsidiary of Shell plc
Shell Canada Limited is the principal Canadian subsidiary of British energy major Shell plc and one of Canada's largest integrated oil companies. Exploration and production of oil, natural gas and sulphur is a major part of its business, as well as the marketing of gasoline and related products through the company's approximately 1,800 stations across Canada.
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Province of Canada
Newfoundland and Labrador is the easternmost province of Canada, in the country's Atlantic region. It comprises the island of Newfoundland and the continental region of Labrador, with an area of 405,212 km2 (156,453 sq mi) and a population of 552,462 in 2026. Newfoundland with its neighbouring islands has 94% of the province's population, with more than half in the Avalon Peninsula. Labrador has a land border with the province of Quebec and a short border with Nunavut on Killiniq Island.
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Shell will acquire a 30% stake in Equinor's Bay du Nord offshore oil project in Canada, advancing the C$14 billion development toward a final investment decision in early 2027.
Shell will acquire a 30% stake in Equinor's Bay du Nord project offshore Newfoundland and Labrador, while Equinor keeps 70% and operatorship. The deal supports progress toward a final investment decision targeted for early 2027.