Oil and Gas
Canada ranks as the world’s fifth largest producer of oil and natural gas, with an average production per day of 3.5 million barrels of crude oil and 13.7 billion cubic feet of natural gas. Canada also has the third largest crude oil reserves in the world. At its peak, the industry employed almost 1 million Canadians. Canada attracts significant investment from leading global companies across the oil and gas value chain and attracts talent from across the world. Upstream and downstream activities are growing at a rapid pace and create a demand for a variety of existing and new services in areas such as information technologies, clean technologies and advanced manufacturing.
CHS has significant experience in dispute and non-dispute engagements both upstream and downstream in the oil and gas sector. Our engagements have included international arbitrations relating to loss quantifications in upstream gas extraction, loss quantifications for alleged patent infringements in the extraction and processing of oil and gas products, the valuation of oil and gas companies for shareholder disputes, forensic investigations of alleged improprieties in oil and gas companies and alleged breaches of contract.