An International Comparison of Leading Oil and Gas Producing Regions

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Title: An International Comparison of Leading Oil and Gas Producing Regions

Author: WorleyParsons

Date: January 2014

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Summary:

The purpose of this study was to compare Alberta, Canada with other locations around the world in terms of their environmental policies, laws and regulatory systems. Other locations that were compared with Alberta included states and countries in North America (USA North Dakota and USA Gulf of Mexico), South America (Brazil), Australia (Queensland), Asia-Pacific (Malaysia), Middle East (Oman), Africa (Ghana) and Europe (United Kingdom and Norway).

The study compared the environmental laws and government processes with respect to stringency (How comprehensive are the environmental laws?), transparency (How easily can the public get information?), and compliance (Which country has rules to ensure compliance?).

The review of 10 jurisdictions, representing seven major continental regions across the world, revealed that Alberta, Canada; Queensland, Australia; and the United States, Gulf Coast were consistently leading in a comparison of existing environmental policies, laws and regulatory systems. We fully expect that some countries and jurisdictions that were not compared would also be top performers in environmental regulation. The intent of this survey was to compare Alberta Canada in a fair manner with nine other countries/regions from every part of the oil and gas producing world.

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