Established in 2019 by the Government of Newfoundland and Labrador, OilCo leads oil and gas activities in offshore Newfoundland and Labrador. OilCo manages the province’s equity ownership in three producing…
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Newfoundland and Labrador’s offshore oil and gas industry dates back more than 50 years to exploration off the Grand Banks and subsequent discoveries in the Jeanne d’Arc basin and more…
The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) is responsible, on behalf of the Governments of Canada and Newfoundland and Labrador, for petroleum resource management in offshore Newfoundland and Labrador…
OilCo’s strategy is to invest in geoscientific data in advance of offshore Newfoundland and Labrador (NL) license rounds to evaluate, assess and promote its resource potential and attract global exploration…
There are virtually no limits to what you can achieve at the Bull Arm Fabrication (BAF) site – a premier industrial fabrication facility in Atlantic Canada, which provides lease-based access…
Independent Resource Assessments reveal oil and gas potential offshore Newfoundland and Labrador continues to grow September 27, 2022: Newfoundland and Labrador’s 2022 Independent Oil and Gas Resource Assessments released today…
The North Atlantic is a big place. We’re making it a lot smaller by capturing the insights from Newfoundland and Labrador’s (NL) offshore to help oil and gas explorers make…
Offshore Newfoundland and Labrador (NL) is known as one of the top frontier regions in the world. With proven lower emission oil, competitive economics, and recent discoveries, offshore NL is…
June 17, 2022 – Members of OilCo’s Exploration team provide insight into Newfoundland and Labrador’s offshore in their latest co-authored paper. The 2022 paper covering the southern Grand Banks provides…
The Bull Arm Fabrication Site welcomes our newest tenant – Kelson & Kelson Ltd. The ink is dry on our lease with Kelson & Kelson and we’re excited as they…