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ARTICLE · 08 SEPTEMBER 2020

Going International – A Comprehensive Guide

CITO Energy Law
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Many oil service sector businesses are grappling with the twin crises of Covid-19 and Low Oil Prices.

CanadaEnergy and Natural Resources
Nick Bryanskiy
Nick Bryanskiy
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Many oil service sector businesses are grappling with the twin crises of Covid-19 and Low Oil Prices. Canadian companies are now looking to international markets to diversify and expand revenue; for survival, profitability as well as better equity/exit valuations.

But international expansion is not easy and relies on much more than generalized trade reports. There are many commercial, legal and tax issues to consider.

CITO Energy Group has published a free Going International guide (available here: https://www.citoenergy.law/international-energy-projects/) covering the water front of new country risks for upstream, midstream and petroleum service countries.

The Guide includes pragmatic tips for identifying and mitigating pitfalls, such as credit risk, sanctions, tax issues and joint venture alignment. Check it out!

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