Afternoons on BayFM

11:00am - 8:00pm
Email
Now Playing: Tim Baker - Light The Light
Listen Live

    Search

    EnergyNL CEO says spinoff from the Bay du Nord project will be huge

    Wednesday, 16 August 2023 07:00

    By Tonya Organ

    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.

    Share

    To report an error, submit a news tip, or provide feedback, please e-mail news@bayfm.ca or call (709) 637-0183.

    More from Local News

     

     

     

    BayFM recognizes support from the following agencies:

                        

    Today's Weather

    • Corner Brook

      Sunny intervals

      High: -1°C | Low: -8°C

    • Deer Lake

      Light snow shower

      High: 0°C | Low: -9°C

    • Stephenville

      Light snow shower

      High: -1°C | Low: -7°C

    Recently Played

    Podcasts

    • BayFM On-Demand

      Marble Mountain tentative opening date

      Marble Mountain tentative opening date is Thursday January 8

    • Sunday Night Geek

      Sunday Night Geek, December 21, 2025

      Sunday Night Geek, December 21, 2025

    • The Plain Truth

      The Plain Truth, Wednesday December 17, 2025

      Today's show talks about stress and Mental Health during the holidays.