Courtesy of Equinor UK-based energy drilling firm will execute front end engineering of $10.25B east Canada offshore oil drilling project in JV with SLB OneSubsea—while set to close integration deal with Italian EPC giant Saipem in coming months Contractors Subsea 7 and SLB OneSubsea, in a joint venture, have won a front-end engineering design contract from energy giants Equinor and BP for the estimated $10.25 billion Bay du Nord oil drilling project offshore of Newfoundland and Labrador, Canada. The award moves the project to detailed engineering ahead of its final investment decision set for 2027.  The developers last month announced a framework agreement with the province to propel restart of development that was paused in 2023 for up to three years due to cited market uncertainty and inflation. Contractor-operator BW Offshore won a separate FEED award to engineer the project’s floating production, storage,and offloading vessel.…