Bw offshore: signs head of agreement with equinor for bay du nord fpso

Signs head of agreement with equinor for bay du nord fpso bw offshore has signed a head of agreement (hoa) with equinor canada ltd, confirming its selection as preferred bidder for the floating production, storage and offloading (fpso) unit for the bay du nord project offshore newfoundland and labrador, canada. bay du nord, canada's first deepwater oil project, is operated by equinor in partnership with bp and holds an estimated 400 million barrels of recoverable light crude in its initial phase.
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