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THE current oil-price slump is currently causing difficulties, but the market for equipment and services in the oil sands of Canada is large and set to grow even bigger once the cost of a barrel of crude gets back over $65.
According to the UK Government’s Trade & Investment office (UKTI), there are significant gaps in the supply chain supporting the market.
It believes, too, that there are several British companies that have the capacity and expertise to address these gaps with a competitive edge in specific skills, know-how and technology.
Two of the biggest players are Amec and the Wood Group, both of which have made strategic acquisitions in this important long-term market.
Accordingly, UKTI is running two seminars this month to flag opportunities – in London on January 20 at Canada House and at the Hilton Doubletree Aberdeen on January 21.
For more information, contact Chad Molleken at chad@rainmaker-gbd.com or +44 (0)7927 129202, or to register for the events, visit www.oilsands.uktrade
invest.gov.uk/index.htm