EnergyNL CEO says spinoff from the Bay du Nord project will be huge

    Wednesday, 16 August 2023 07:00

    By Tonya Organ

    CEO Charlene Johnson says they’ve had meetings with Equinor since they announced they would be shelving the project for up to 3 years due to costs.

    Now that Equinor has announced intentions to drill in the Bay du Nord area next year,  Energy NL is looking towards the future. CEO Charlene Johnson says they’ve had meetings with Equinor since they announced they would be shelving the project for up to 3 years due to costs. She says this demonstrates their commitment to development here. Johnson says if the Bay du Nord project goes ahead, the spinoff will be enormous. Equinor will be bringing the Hercules rig to begin drilling here next year. Johnson says Exxon is currently drilling in the field looking for more discoveries and the Terra Nova FPSO just left to go offshore this past weekend.

    To report an error, submit a news tip, or provide feedback, please e-mail news@bayfm.ca or call (709) 637-0183.

    More from Local News

     

     

     

    BayFM recognizes support from the following agencies:

                        

    Today's Weather

    • Corner Brook

      Sleet

      High: 2°C | Low: -7°C

    • Deer Lake

      Light snow

      High: 4°C | Low: -8°C

    Recently Played

    Podcasts

    • BayFM On-Demand

      Corner Brook Mayor Jim Parsons on Bay Fm

      Corner Brook Mayor Jim Parsons on Bay Fm, Tuesday March 11, 2025

    • Corner Brook In Council

      Corner Brook City Council, March 10 2025

      Corner Brook City Council, March 10 2025

    • The Night Show

      The Late Night Show, Friday March 7, 2025

      The Late Night Show, Friday March 7, 2025