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Oil and Gas

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An unbeatable combination: A Wealth in Resources and an Innovative Spirit

Canada offers investors rich resources, cutting-edge expertise, innovative technology, and a host of advanced equipment that are essential to the development of oil and gas resources.

  • Canada´s oil reserves, totalling 180 billion barrels, are second in the world, placing Canada ahead of Iraq and Iran and behind Saudi Arabia .
  • Canada is the third largest producer of natural gas in the world and ranks ninth in the production of crude oil.

Canada also has the world´s largest oil sands reserves, while its offshore reserves have only begun to be tapped. Its close proximity to the United States is another notable advantage, with Canada serving as an entry point to the world´s largest oil and gas equipment market.

"Hydril is pleased to have grown in step with the expanding oil & gas equipment industrial base in Canada . A good, skilled labour pool, along with a stable economy and a reliable resource base have been key to our decision to expand our facilities in Nisku, Alberta and set up in Dartmouth, Nova Scotia."

Nigel Dougan, Manager of Premium Connections
Canadian Operations, Hydril Co. LP

Discover why Canada’s Oil and Gas Industry is critical in the overall business strategy of many foreign investors:

Key Web Resource

Contact an investment specialist from the Energy and Marine Branch:
Claude Drzymala
Senior Energy Advisor
Tel: (613) 954-3192
Fax: (613) 941-2463