Addressing the Top 5 challenges in Oil & Gas with 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, Mazars’ Oil & Gas practice is in an excellent position to help companies successfully rise to the challenges posed by the industry.
Oil Gas challenges

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.