BW Offshore: Signs FEED agreement for Bay du Nord FPSO
Canada, April 29 -- BW Offshore has signed a Front-End Engineering and Design (FEED) agreement with Equinor for the Bay du Nord development offshore Newfoundland and Labrador, Canada.The FEED agreement formalises the next phase of the project following BW Offshore's selection as preferred FPSO bidder and represents continued progress towards a potential final investment decision in 2027.The FEED phase is expected to run through the end of 2026 and will be used to mature the FPSO design, finalising the project execution plan and delivery schedule, progressing commercial and contractual alignment, including selection of major subcontractors and vendors towards a firm offer to Equinor. A local content plan will also be developed in line with t...
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