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…
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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…
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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…
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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…
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OilCo was established by the Government of Newfoundland and Labrador from our legacy company Nalcor Energy-Oil and Gas. Financial statements for fiscal years to the end of 2019 were prepared…
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The Extractive Sector Transparency Measures Act (the Act) was enacted on December 16, 2014, and brought into force on June 1, 2015. The Act delivers on Canada’s international commitments to…
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Results of the 2021 Independent Resource Assessment show a potential of 21.9 billion barrels of oil equivalent (P50 unrisked volumes) in the Labrador South Region. October 20, 2021: This is…
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OilCo's exploration group has been working collaboratively with Southwest Research Institute (SwRI) to better understand the basin architecture in the Orphan and Flemish Pass region of our offshore, and how…
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Results show potential of 11.1 Billion Barrels of Oil and 24.5 Trillion Cubic feet of Natural Gas September 29, 2020, St. John’s, NL – Newfoundland and Labrador’s 2020 Independent Oil…
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The Government of Newfoundland and Labrador, Nalcor Energy-Oil and Gas and Beicip-Franlab today released the 2018 Oil and Gas Resource Assessment that identifies an additional 11.7 billion barrels of oil…
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