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Equinor Lifts Bay Du Nord Reserve Estimate to 550 Million Barrels
Summary by The Deep Dive
2 Articles
2 Articles
A decision on the Bay du Nord oil project is expected in early 2027, says Equinor, which suggests reserves of 550 million barrels.
·Montreal, Canada
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Equinor Lifts Bay Du Nord Reserve Estimate to 550 Million Barrels
Equinor has revised its recoverable reserve estimate for Bay du Nord upward to 550 million barrels, a figure that now stands nearly double the 300 million barrels projected when the deepwater project was first conceived and well above the 430 million barrels cited in more recent assessments. At Equinor’s Capital Markets Day presentation at the New York Stock Exchange on Tuesday, senior executive Geir Tungesvik presented the updated number and de…
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Leaning Left1Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
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