Government Participant


OilCo | Newfoundland
and Labrador

OilCo, Newfoundland and Labrador

Maximizing the value of Newfoundland and Labrador's offshore resources

With lower costs and emissions per barrel, combined with predictable and scheduled license rounds, offshore Newfoundland and Labrador is the top production region in eastern Canada and one of the leading exploration jurisdictions in the world.

The Government of Newfoundland and Labrador established the Oil and Gas Corporation of Newfoundland and Labrador (OilCo) from our legacy company Nalcor Energy-Oil and Gas to enhance our province’s oil and gas potential.

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OilCo | Newfoundland and Labrador at the World Energies Summit

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