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 — three appointed by the Government of Canada and three by the Government of Newfoundland and Labrador, with a Chair who is appointed jointly by the two governments. The current Board members are: Lori Bevan, Kim Dunphy, Wes Foote, Roger Grimes, Brian Maynard, Sharon Murphy and Ted O’Keefe. Mr. Grimes has been appointed by the Governments of Newfoundland and Labrador and Canada to serve as Chair.