Gaining ground in the sands 2011
A look at 10 of the top issues facing the oil sands sector
This is not to suggest that producers and other stakeholders don’t face complex challenges, but while concerns over public image may seem most urgent, they are not necessarily most important. The open question is whether stakeholders can successfully negotiate a license not just for the industry to operate but to grow. Recent Canadian Association of Petroleum Producers (CAPP) forecasts see production passing three million barrels/day by 2025, but this assumes a continually improving investment climate with new projects regularly coming on stream.
To help stakeholders think through their shared challenges, Deloitte’s Oil & Gas practitioners have identified ten of the top issues they face, including:
- Economic viability
- Capital costs
- Carbon footprint
- Talent attraction and retention strategy
- Foreign investment
- Technology development
By gaining a better understanding of these and other key issues facing the industry in the near term, oil sands companies can do more than prepare a short-term response plan. They also can begin to develop a full range of strategic options to prepare them for a wide spectrum of possible future scenarios.
Download Gaining ground in the sands 2011 today to gain insight into industry best practices, a concise perspective on emerging trends and valuable guidance to help companies lay a foundation for future growth.
Report Calls for Greater Collaboration Among Key Stakeholders In Oilsands (Daily Oil Bulletin, June 1, 2011; posted with permission)
Canadian Oil & Gas sector leader Chris Lee on BNN (Nov. 10, 2010; posted with permission)
Share more toys in the (oil) sand box, companies urged (Globe & Mail; Nov. 11, 2010; posted with permission)
New report details challenges and opportunities facing the oilsands (iNews 880AM; Nov. 11, 2010; posted with permission)
Deloitte out with advice for oilsands companies in new report (660 News; Nov. 10, 2010; posted with permission)
Oil sands companies need to collaborate to survive (Vancouver Sun; Nov. 10, 2010; posted with permission)