Company Information for Ernst and Young

Company Statement

The oil and gas industry is constantly changing. Increasing regulatory pressures, price fluctuations and geopolitical complexities all present significant challenges. Ernst & Young’s Global Oil & Gas Centre brings together a worldwide team of professionals to help you achieve your potential — a team with deep technical experience in providing assurance, tax, transaction and advisory services. The Centre works to anticipate market trends, identify the implications and develop points of view on relevant industry issues. Ultimately it enables us to help you meet your goals and compete more effectively. It’s how Ernst & Young makes a difference.

Services Provided

Assurance & Advisory Business Services - Ernst & Young provides a full range of assurance and advisory business services to oil & gas companies. In addition to the independent audit, we offer advisory services in the areas of risk management, internal controls, financial reporting and corporate governance.

Tax Services - The breadth of Ernst & Young’s Tax services ranges from compliance through planning. Our member firms’ tax compliance offerings help global and international oil & gas companies adhere to various government reporting requirements and our tax advisory services help businesses develop efficient tax structures.

Transaction Advisory Services - The key to any successful corporate initiative is having the right advisor at your side. Our people understand the needs of the industry and can advise and support you throughout the lifecycle of a transaction, from early stage to execution and post-deal activities. Our seasoned oil and gas industry specialists know the players and drivers in the industry and, whether your transaction involves acquisitions, alliances, joint ventures, sales, divestitures or securitizations, can help you determine the right deal to do and help you do the right deal.

Risk Advisory Services - Ernst & Young takes a broad approach to risk management. Our professionals have deep experience in enterprise-wide risk management programs, as well as internal audit and regulatory compliance issues. Our professionals also have strong experience in helping companies mitigate IT risks. Our energy risk management practice is a leading provider of risk management services to energy trading organisations. We also provide fraud and investigative dispute services focused on the Oil & Gas industry.

Business Advisory Services - In today’s business environment, corporations must pursue performance and operational improvements concurrent with other equally demanding priorities such as risk and compliance. By looking at leading indicators and taking an integrated approach to advising on finance and financial operations effectiveness, Business Advisory Services helps clients successfully address the increased emphasis on performance improvement. Business Advisory Services provides independent and objective client-side advice on improving decision-making, finance operations/systems effectiveness, and the overall finance function.