Shell to acquire 30% non-operated interest in Bay du Nord project
SHEL•Shell will acquire a 30% non-operated interest in the Bay du Nord project. Equinor will retain 70% and remain operator; planned gross production capacity is 160,000-175,000 barrels of oil equivalent per day, with first oil anticipated in 2031.
1. Project interests
Shell will acquire a 30% non-operated interest in the Bay du Nord project, while Equinor will retain a 70% interest and remain operator.
2. Planned production
The project is planned to have gross production capacity of 160,000-175,000 barrels of oil equivalent per day, with first oil anticipated in 2031.
