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Report: Socio-economic Benefits from Oil and Gas Industry Activity in Newfoundland and Labrador, 2018-2024

  • Dec 3
  • 1 min read

November 27, 2025 – Energy Research & Innovation Newfoundland & Labrador (ERI) released a report today highlighting significant economic and social contributions of Newfoundland and Labrador’s offshore oil and gas industry to the province.

The report, Socio-economic Benefits from Oil and Gas Industry Activity in Newfoundland and Labrador, 2018-2024, demonstrates the offshore sector’s continued role as a cornerstone of the provincial economy, supporting thousands of jobs and driving growth in Newfoundland and Labrador.

The report, authored by Stantec Consulting, also features a series of case studies highlighting companies and organizations that originated in the province or expanded their presence here because of offshore industry activity.

Links:

Video – Enaimco (~ 1 minute) 


Learn more at:

 
 
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