OilCo (formally Nalcor Energy-Oil and Gas) is working with global leading partners on strategic studies and projects to evaluate Newfoundland and Labrador’s frontier slope and deepwater basins for undiscovered oil and gas potential.
From biostratigraphy to regional rock physics, these studies are undertaken to address key risks and scientific uncertainties that may hold back new industry investment. By initiating these projects and delivering the results to the global industry, our team is systematically evaluating Newfoundland and Labrador’s sedimentary basins and their potential to contain new oil and gas discoveries for the benefit of the people of the province.
Read more about our work here: