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.
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