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0.00100225507391629 0.00214482585818089 -0.00375845652718613 -0.00338261087446768 -0.0147832623402657 -0.00751691305437244 -0.00425958406414437 -0.00324229516411937
Stock impact report

BW Offshore enters FPSO FEED deal with Equinor for Bay du Nord [Yahoo! Finance]

Equinor ASA (EQNR) 
Last equinor asa earnings: 2/6 12:43 am Check Earnings Report
Company Research Source: Yahoo! Finance
The FEED agreement establishes the project's next phase following BW Offshore's appointment as the preferred floating production, storage and offloading (FPSO) unit bidder in late 2025. It also marks further advancement towards a possible final investment decision next year. The Bay du Nord project's FEED phase is expected to conclude by the end of 2026. During this period, the focus will be on refining the FPSO unit's design, establishing a comprehensive execution plan and finalising the delivery schedule. Key subcontractors and vendors will be selected, and commercial and contractual elements will be aligned. Additionally, a local content strategy will be developed in accordance with the Frame Agreement and the Atlantic Accord to ensure regional involvement. To support the project, BW Offshore has opened an office in St. John's, Newfoundland and Labrador. The official opening of the office is scheduled for early June. BW Offshore CEO Marco Beenen said: “Signing the FEED Show less Read more
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