Eastern Canada oil groups urge more focus on supply and services needs

Nov. 15, 2001
Eastern Canada oil groups say the region needs a system to audit the capabilities of the oil service and supply sector to support exploration and development.

By the OGJ Online Staff

HOUSTON, Nov. 15 -- Eastern Canada oil groups say the region needs a system to audit the capabilities of the oil service and supply sector to support exploration and development.

The groups recommended a Technology Transfer Office be established to monitor the service and supply sector and develop strategies to grow it.

The study on technology transfer and service and supply capabilities was prepared by the Newfoundland Ocean Industries Association, Offshore/Onshore Technologies Association of Nova Scotia (OTANS), Atlantic Resource Industries Association, and the Canadian Manufacturers and Exporters of Prince Edward Island. It was funded by the Atlantic Canada Opportunities Agency, Natural Resources Canada, and Industry Canada.

The study recommended governments develop a common vision and comprehensive approach for Atlantic Canada's oil and gas industry, implement a measurement system to determine the impact of technology transfer, develop standards for the exchange of information within the region, and audit the results of service and supply capabilities.

Paul McEachern, OTANS managing director, said, "The purpose of the report is to provide a foundation for future dialogue between industry stakeholders, to enable them to pool their knowledge and resources, and to enhance and strengthen Atlantic Canada's service and supply capabilities in the oil and gas sector. Further discussion is planned to establish a single coordinating technology transfer office to implement the recommendations contained in the report."

The current report is a follow-up to a January 1999 study that provided an overview of Atlantic Canada's oil and gas industry.