Friday 9 November 2018

Equinor and its partners were the successful bidders for new exploration parcels in the prolific Jeanne d’Arc basin, offshore Newfoundland.

Equinor will operate two exploration parcels, NL18-CFB01-14 (Equinor Canada 70%, Husky Energy 30%) and NL18-CFB01-15 (Equinor Canada 60%, Suncor Energy 40%), totalling 412,644 hectares (4,126 square kilometres), and will participate in the Suncor Energy-operated parcel NL18-CFB02-01, totalling 142,500 hectares (1,425 square kilometres), (Suncor Energy 40%, Equinor Canada 30%, Husky Energy 30%).

Equinor has been active in Canada since 1996, and operates the 2013 Bay du Nord discovery, located in the Flemish Pass Basin. Equinor also holds an extensive exploration and partner-operated development position offshore Newfoundland, with partnership interests in the producing Hibernia, Terra Nova and Hebron fields.