Equinor postpones oil project up to three years
Rising costs put one of Canada’s biggest oil projects on hold for up to three years.
by anne filbert, translated by katrine gøthler
Another project is put on hold for Norwegian oil major Equinor. This time, it’s a Canadian oil project dubbed Bay du Nord, developed in collaboration with BP. Surging costs causes the project to flounder for a period of up to three years, writes news agency Reuters.
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