Canada-Newfoundland and Labrador Offshore Petroleum Board

The C-NLOPB was created in 1986 through the Atlantic Accord and its associated, implementing federal and provincial legislation, the Canada-Newfoundland and Labrador Atlantic Accord Implementation Act, S.C. 1987, c. 3 and the Canada-Newfoundland and Labrador Atlantic Accord Implementation Newfoundland and Labrador Act, RSNL1990 c. C-2 (the Accord Acts). It regulates petroleum-related activities in the Canada-Newfoundland and Labrador Offshore Area. While the C-NLOPB is an independent regulator that operates at arms-length from the governments, some Board decisions (referred to under the Accord Acts as Fundamental Decisions) require government approval, as does its annual operating budget. The Board has seven, part-time positions...

Canada-newfoundland and labrador offshore petroleum board operates in the Oil and gas industry.

Canada-newfoundland and labrador offshore petroleum board's revenue is 11m - 100m

Canada-newfoundland and labrador offshore petroleum board has 51 - 200 employees.