A far-reaching new study delivered in partnership with Glacier Media’s energy division seeks to help Canadian oil and gas companies seize opportunities to expand in export markets.

Cuts in capital spending in the Alberta oil and gas industry have the province’s oilfield service and technology sector looking for new markets to maintain and grow their operations. While exports make up around half of all service and supply revenues for Alberta-based companies, many companies new to exporting or with limited experience are unsure which markets have the greatest potential for growth and which markets match up with their core competencies.

There are also questions about the internal structure of the service and technology markets in specific countries, along with queries about economic and geopolitical risks and how various trade agreements help mitigate these risks.

In an effort to answer these questions, the Petroleum Services Association of Canada and the Canadian Global Exploration Forum — in partnership with Glacier’s JWN Energy Group and with the support of the Government of Alberta, Export Development Canada and BDC (Business Development Bank of Canada) — have developed a comprehensive Global Resources Market Assessment Study.

The study will be launched on October 19 in Calgary.

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