Bay du Nord oil field

The Bay du Nord oil field is located 500 km northeast of St. John's, Newfoundland, Canada. The offshore development is owned by Equinor.

History
The property was discovered in 2013.

On 6 April 2022, Equinor's project was approved under Section 54 of the Canadian Environmental Assessment Act, 2012 by the Federal government of Canada. Environment Minister Steven Guilbeault faced stiff opposition in cabinet but won the day. The project will use an FPSO vessel.

On 14 June 2023, the project's development was shelved, for up to three years. That year, it was worth $16 billion.

On 22 January 2024, the project was restarted.