Oil, gas & natural resources

The oil, gas and natural resources sector faces major uncertainty. Increased international competition, coupled with volatile commodity prices and uncertain demand mean operators must be resilient if they are to succeed. Our experts can help provide the clarity you need to get ahead in a challenging market.

Our approach

Price volatility, geopolitics, demand uncertainty and policy challenges to grow more sustainably are just four risks the extractives sector faces. Operational resilience and excellence are essential, ranging from active management of complex capital projects to tax, legal and regulatory compliance.

At Forvis Mazars, we believe a globalised industry needs global answers, and our oil, gas and natural resources team operates across five continents with a flexible, partnership approach. It allows detailed operational problems to be solved with bespoke industry expertise.

Our team has expertise across the entire project lifecycle, from prefeasibility to bankability and operational phases, including modelling the business case for accessing new reserves that reflect today’s extreme price volatility and on-the-ground help setting up subsidiaries. Our experts can also help with the management of complex capital projects.

Big projects and complex arrangements define the sector and sometimes these do not go as planned, our Forensic and Investigation Services team helps to identify and quantify financial exposure through our dedicated commercial dispute resolution and investigation specialists. We support you throughout the process to achieve successful risk management and commercial resolution.

We know how to optimise both the operational and financial performance of up-, mid- and downstream assets. This includes optimising corporate structures in the light of the OECD’s Base Erosion and Profit Shifting (BEPS) action plan and looking at external growth options such as strategic partnerships, M&A and disposal of non-essential assets.

We recognise that one of the most important assets in your organisation is data. By harnessing the power of your data, we improve business performance and profit, support growth, manage risk and strengthen competitive advantage. We protect your data against cyber-attacks and help ensure that you comply with data privacy laws and regulations.

We understand and welcome the increasing demands that the industry should be a responsible corporate citizen. We have built leading expertise in fields such as environmental regulation, green accounting, helping companies develop systems and governance frameworks to demonstrate their sustainability activities meet the requirements of regulators and consumers, while supporting investment in sustainable projects and benchmarking anti-corruption programmes.

Tailored services to meet the challenges of a changing industry:

Support in financing and developing your projects

Buy and sell side transaction support including debt and equity raising, tax, financial and model due diligence
Infrastructure finance
International development and external growth: investment opportunity studies in the energy sector, support in driving integration projects, and financial, tax and legal support in establishing subsidiaries or businesses

Optimising your operations

Financial management: audit and accounting, financial engineering, alignment of costs in connection with the business strategy, financial modelling of investment projects
Data and automation: improve the power of your data and protect it
Risk management: adjusting the level of investment in accordance with industrial risks, internal control, risk mapping, identification and prevention of fraud risks
Operational management: industrial asset optimisation, global optimisation of the supply chain, maintenance strategy for industrial sites

Helping you transition towards new energies