Newfoundland and Labrador

Oil & gas and construction news for subcontractors working in Newfoundland and Labrador — 5 stories and counting.

BP Sells Bay du Nord Stake to Equinor in Portfolio Shift

BP is divesting its non-operated interest in the Bay du Nord offshore project to Equinor, part of a broader push to streamline its upstream portfolio and focus capital elsewhere.

Yesterday

Industry

Cenovus Awards Aker Solutions Five-Year Contract for White Rose Platform and SeaRose FPSO

Aker Solutions has secured a five-year engineering and maintenance services contract from Cenovus Energy to support the West White Rose platform and SeaRose FPSO offshore Newfoundland, with roughly 120 personnel attached to the work.

Jun 27, 2026

Editorial image: FPSO and offshore platform - Cenovus Awards Aker Solutions Five-Year Contract for White Rose Platform and SeaRose FPSO

Industry

Equinor Pushes Bay du Nord Final Decision to Early 2027 as Reserve Estimates Hit 550 Million Barrels

Equinor has set an early 2027 target for its Bay du Nord final investment decision, with recoverable oil estimates now reaching 550 million barrels, up significantly from earlier projections.

Jun 19, 2026

Industry

Canada's Construction Pipeline Up 14% in June, Led by Government and Civil Sectors

ConstructConnect's June 2026 Expansion Index shows Canadian ideated construction investment rose 14% year-over-year, with seven of nine provinces and sectors posting growth — a positive signal for subcontract work ahead.

Jun 18, 2026

Editorial image: Preconstruction blueprints at dawn - Canada's Construction Pipeline Up 14% in June, Led by Government and Civil Sectors

Industry

Equinor Awards FEED Contracts for Bay du Nord, Eyes Final Investment Decision in 2025

Equinor has handed out front-end engineering and design contracts for its Bay du Nord deepwater project offshore Newfoundland, with a final investment decision expected next year and first oil targeted for 2031.

Apr 30, 2026

Editorial image: Deepwater vessel nighttime construction - Equinor Awards FEED Contracts for Bay du Nord, Eyes Final Investment Decision in 2025

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