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. 
Photo: Ints Kalnins
Photo: Ints Kalnins
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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