BNOC came into operation in June of 1982 when the Barbados Government purchased the former Mobil Explorations Inc. production facilities at Woodbourne, St. Philip. It is a national oil company which is 75 percent Government owned and 25 percent owned by the National Petroleum Corporation (NPC). The company's principle activities include upstream and downstream operations.
The Barbados National Oil Company provides several services for the country. Among these services are the production of crude oil and natural gas.
Exploration and Production, Laboratory, Bunkering, Shipping, Terminalling