Equinor, BW Offshore sign FEED contract for Canada Bay du Nord project

Commercial and contractual alignment will also progress, including the selection of major subcontractors and vendors before a firm offer is made to Equinor. BW Offshore stated that these efforts represent continued progress towards a potential final investment decision in 2027.

A local content plan will be developed in line with the frame agreement and the Atlantic Accord, according to the companies. A local office has been established in St. John’s to support collaboration with local authorities and the regional supply chain throughout the engineering phase.

The company has also hired a "local benefits manager" for the new office, which is scheduled for an official opening in June 2026.