It is a time of extraordinary global economic and political turbulence. With oil price fluctuations, rising cost levels and increased regulatory demands in recent years, the Oil & Gas industry is facing many challenges and pressures. On the Norwegian Continental Shelf, new discoveries and uptake of new technology prolonging lifespan of existing fields provides growth opportunities for those companies that are able to adapt to industry demands, utilize technology and best practice processes while attracting and developing a high performing workforce. Businesses in this sector need forward thinking advice and practical strategies from professionals who understand their business and challenges. As a global leading provider of audit, tax and advisory services we do just that.
We aim to maintain our position as leading advisors to the Oil & Gas sector by continuously developing strategic thought leadership and practical strategies that help our firms clients meet their challenges. Our industry leading initiatives include KPMGs Global Energy Institute and Global Industry Conference.
Through our firms national practices and KPMG’s Oil & Gas Centres of Excellence, we constantly strive to provide services of the highest quality and best available advice to clients around the world. The national centre of expertise is located in Stavanger, and is KPMG’s central source of advisors for Norwegian companies and companies operating in Norway.
Our understanding of the demands and challenges Oil & Gas companies face enables our firm to develop services, methodology and original thinking that specifically addresses the needs of this sector. We look at industry challenges from multiple angles, pooling our knowledge and resources to develop holistic services that are designed to fit our firms ‘clients’ ever changing environment.
Current challenges facing Oil & Gas companies, and key areas of focus include governance and control over joint ventures, contractor oversight and compliance, portfolio optimization, large project management, end-to-end process management and organizational optimization, realizing benefits from information technology, both in operational areas and in the functions, data management and cost transparency, and embedding environmental and safety in day to day operations.
For more information please contact:
Partner, Head of Audit, Head of Oil & Gas Group
Tlf: +47 04063