Vision

Petroleum Research will be recognized as a leading enabler of research and technology development that creates value for the offshore oil and gas industry.

Mission

Petroleum Research’s mission is to facilitate research and technology development and deliver value to members by identifying opportunities, developing proposals, funding and managing the execution of projects on behalf of the Newfoundland and Labrador offshore oil and gas industry.

Research & technology development projects funded by Petroleum Research:

• Are strategically and commercially relevant, and create value for members;
• Are compliant with C-NLOPB R&D guidelines:
• Enhance local R&D capacity and capability in research focus areas; and,
• Often enable broader application of technologies developed.