Canada set to approve Bay du Nord deepwater oil project: source - National | Globalnews.ca

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Canada set to approve Bay du Nord deepwater oil project: source - National | Globalnews.ca
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Canada set to approve Bay du Nord deepwater oil project: source

The federal government is set to approve a deepwater oil project off the coast of Atlantic Canada proposed by a Norwegian company, Global News has confirmed.project will be formally announced after 4 p.m.

ET Wednesday, a source with direct knowledge told Global News.The Bay du Nord project consists of several oil discoveries in the Flemish pass basin, some 500 kilometres northeast of St. John’s in Newfoundland and Labrador,

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