Industries

Energy Services

The energy sector has been vitally important to Alberta's International Region since oil was discovered at Leduc No. 1 February 13, 1947. One of the richest deposits ever found in Western Canada, it revolutionized the region, province and the country. In the sixty five plus years following this discovery, Alberta's International Region has emerged as a vital energy hub, having benefited greatly from aggressive investment and the entrepreneurial drive of its oil patch companies.
 
Today, energy companies come to the region to explore the establishment a manufacturing base to support their drilling and exploration activities in the oil sands. Located in Nisku and Leduc Business Parks, energy companies benefit from the region's strategic location and excellent infrastructure.
 

Regional Advantages

  • Almost 500 oil and gas companies have operations within Alberta’s International Region.
  • CanmetENERGY, Canada's knowledge centre for scientific expertise on clean energy technologies, is located in Devon. CanmetENERGY generates knowledge to provide solutions to industry, advice to government policy makers and regulators, and Canadians with relevant information on oil sands and heavy oil issues. CanmetENERGY enters into more than 150 client-sponsored projects per year, including companies ranging from small to major international energy corporations.
  • EPCOR's Genesee Generating Station, located within Alberta's International Region near Warburg, is recognized as one of the most environmentally progressive coal-fired power plants in the country. The Genesee Generating Station is Canada's first power generation facility to use supercritical combustion technology for greater fuel efficiency and lower emissions.


Industry Fast Facts

  • Alberta exports almost $68 billion in energy products on an annual basis.
  • Alberta produces nearly 70% of Canada’s natural gas.
  • Alberta’s energy sector is a key economic driver with the third largest reserves of crude oil in the world.
  • Energy sector revenues account for 1/5 of the provincial budget.
  • 1 in 16 jobs in Alberta directly relates to the energy sector.
  • 97% of Canada's oil reserves are in the oil sands.
  • Of Canada's 173 billion barrels of oil reserves, 168 billion are located in the oil sands.
  • Capital investment into the oil sands is estimated to reach $207 billion over the next eight years.
  • Oil and gas accounts for over 420,000 direct and indirect jobs in Alberta.
  • From 2001-2012 an estimated $160 billion was invested in oil sands projects in Alberta.
  • There were over 9,000 equipment and service firms employing 120,000 Albertans in 2013