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COOEC Seeks Brazilian FPSO Contract in 2027

COOEC has set 2027 as its target for a first Brazilian FPSO contract after placing second in the Albacora tender. The project has progressed to commercial negotiations between Petrobras and Yinson.

Shell Agrees to Buy 30% Stake in Bay du Nord Project

Shell has agreed to acquire 30% of Bay du Nord offshore Canada. Equinor will retain 70% and remain operator as the CAD 14 billion development moves towards an investment decision targeted for early 2027.

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