Addressing the Top 5 challenges in Oil & Gas with Forvis Mazars' bespoke solutions
With our solid experience in this sector and support from a global and multidisciplinary team of experts across Audit, Tax and Advisory Services, Forvis Mazars’ Oil & Gas practice is in an excellent position to help companies successfully rise to the challenges posed by the industry.
Accessing reserves
- Reviewing and assessing business case
- Completing and assuring valuation and data modelling
- Financial, legal and tax support for the establishment of subsidiaries in growing markets, taking local specificities into account
Managing Capital Projects
- Reviewing and challenging business case assumptions and approaches
- Analysing project performance and establishing KPIs
- Assistance in project finance and infrastructure (Public Private Partnerships)
Improving performance from an operational & Tax perspective
- Optimizing cash management and working capital requirements (WCR)
- Optimizing supply chain processes from both tax and operational performance perspectives
- Standardizing project management processes and implementing shared service centres (SSC)
- Optimising your international structure, in particular given the OECD BEPS initiative and additional substance requirements
- Tailor-made advice (including opinions and rulings) in the field of state profit tax, tonnage tax, tax incentives for energy efficient and environment improving assets etc.
Rethinking business strategy and portfolio
- Financial advisory (capital increase, initial public offering, etc.)
- External growth and strategic partnership assistance and advisory (M&A, due diligence, etc.)
- Assistance for the disposal of non-strategic assets and business restructuring
- Assisting you with structuring projects (joint ventures, permanent establishment issues etc.)
Ensuring Tax, Legal and regulatory compliance
- Assisting with global tax compliance requirements and setting up a tax control framework
- Assisting you with tax litigation, tax discussions, negotiations with tax authorities in relation to tax assessments, obtaining tax rulings, etc.
- Implementing or improving anti-corruption policies in line with the legal/regulatory frameworks
- Providing SOX guidance and documentation resources
- Consulting in CSR and sustainable/environmental regulation: operational implementation, reporting and "green" accounting.
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