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The Petroleum Marketing Commission of Alberta is seeking an external assessment service aimed at enhancing the value realization and strategic options for the province’s resources. The Commission oversees the promotion and development of resource reserves, calculates and collects royalties from producers, and manages the marketing of the crown's share of crude oil through in-house marketing agents.
The selected vendor will evaluate the current mandate and identify opportunities that leverage the province’s unique position in supporting value extraction, expanding market access, and advancing responsible development of petroleum resources. Particular attention will be given to supporting the development of innovative technologies for oil recovery and for minimizing environmental impacts. The assessment must take an independent and fiscally responsible approach and deliver insights that do not compete with existing industry stakeholders. Opportunities to enhance value realization and expand strategic options for the province, while appropriately managing risk, are central to this engagement.
Source attribution
This Settle analysis is based on the issuing organization’s public RFP listing.