June 11, 2024: Released at the Energy NL Conference in early June 2024, this project aimed to quantify the carbon dioxide (CO2) storage potential of offshore Newfoundland within an area…
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April 4, 2023: The Bull Arm Fabrication Site (BAF Site) is seeing lots of interest and activity this year. In addition to welcoming the Terra Nova FPSO to Site, Bull…
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…
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…
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…
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…
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…
September 13, 2017, St. John’s, NL – Petroleum Economist Awards 2017 has announced Nalcor Energy-Oil and Gas has been shortlisted in the annual awards category of Exploration Company of the…
August 24, 2016, St. John’s, NL – The Government of Newfoundland and Labrador, Nalcor Energy and Beicip-Franlab announced today that the in place oil and gas resource potential is 25.5 billion…