Offshore

Subsea7, OneSubsea Move Bay du Nord Into FEED

Subsea7 and OneSubsea, through Subsea Integration Alliance, have secured FEED work from Equinor for the $12 billion Bay du Nord deepwater oil project offshore Canada.

Image source: Subsea7 via LinkedIn

30, April 2026
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Subsea Integration Alliance, a partnership between SLB OneSubsea and Subsea7, has been selected by Equinor for FEED work on the $12 billion Bay du Nord deepwater oil project offshore Canada.

The award follows a 2024 strategic collaboration agreement between SIA and Equinor, which supported early concept studies for Bay du Nord and other subsea developments.

During the FEED phase, Subsea7 and OneSubsea will work with Equinor and suppliers to develop the subsea architecture, improve execution planning and support engineering, procurement and delivery decisions.

Bay du Nord is located in the Flemish Pass basin, about 500 km northeast of St. John’s. The project was delayed for three years in 2023 after costs increased. Equinor restarted early-stage work in early 2025 by awarding pre-FEED scopes to BW Offshore and Altera Infrastructure.

FID is expected in the next couple of years. First oil could follow as early as late 2028.

Tags: Bay du Nord, deepwater oil, Equinor, Featured News, OneSubsea, Subsea7

Editorial Note:
This article was prepared with the assistance of AI tools to enhance clarity and efficiency.
All information has been reviewed and verified by the HMT News editor.

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