Oil & gas companies are facing unprecedented scrutiny in the wake of the Gulf oil spill and regulatory battles over industry incentives and environmental concerns. Oil prices continue to make headlines, while the reality of low natural gas prices may force industry consolidation. International competition looms. Unique challenges are presented regularly, as the industry is significantly impacted by ecological, political and economic changes.
BDO has an intimate knowledge of the oil & gas sector because we spend time on your rigs and participate in your corporate boardrooms and industry meetings. We understand how to navigate the challenges you face and what it takes to make your business work across continents, from the ground up.
Our oil & gas professionals have extensive experience providing financial audits, tax consulting and compliance, business valuation, forensic accounting, internal audit and M&A due diligence to oil & gas companies in all sectors of the industry, including:
- Oil & gas exploration and production (full cost and successful efforts)
- Oil & gas transportation and storage
- Oilfield services