Newsroom

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…