EQUINOR has confirmed plans to install a massive new floating production, storage and offloading vessel offshore eastern Canada to exploit several oil discoveries in the prolific Flemish Pass basin.Upstream reported two weeks ago that the Norwegian operator has revamped its Bay du Nord project in Newfoundland & Labrador after discovering major new reserves last year with its Cappahayden and Cambriol exploration wells.The new super-sized FPSO will be designed to handle 200,000 barrels per day of oil from a cluster of discoveries in the basin, with the deepwater floater and subsea infrastructure designed to allow the tie-back of future discoveries.During Equinor's capital markets day presentation Tuesday, one slide indicated that the FPSO would host production from some 50 wells drilled on six discoveries including Bay du Nord, Bay du Verde, Baccalieu, Cappahayden, Cambriol and Harpoon.
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