Energy & utilities
From upstream oil and gas exploration to onshore wind power, our member firms work with many leading players across the energy spectrum.
With global demand for energy forecast to rise by 40% by 2030 and growing environmental pressures, the sector is at the top of both corporate and government agendas.
UHY member firms currently help clients involved at every stage of energy generation and distribution, helping them both to maximise opportunities and comply with ever-greater regulatory challenges.
TECHNICAL KNOWLEDGE BACKED BY KEEN COMMERCIAL AWARENESS
Our member firms are able to draw on both technical understanding and extensive knowledge of the commercial factors affecting this particular sector in different geographies.
Our member firms have helped many clients develop projects for the construction of new power facilities and network infrastructure. They also work throughout the supply chain with owners and operators, exploration and production companies, contractors and subcontractors, equipment manufacturers and suppliers. They regularly carry out risk assessments, internal audit planning and operational audits for standalone energy businesses and joint ventures.
By maintaining close, long standing relationships with clients, our member firms have developed a genuine understanding of the issues affecting the oil and gas, mining and renewable energy industries and are able to offer a combination of professional excellence and technical understanding with an awareness of the commercial parameters affecting the industry.
SERVICES PROVIDED TO COMPANIES IN THE ENERGY SECTOR INCLUDE:
- Oil and gas accounting capabilities in upstream (exploration and production), midstream (pipelines and gas plants) and downstream (refining and marketing)
- Energy tax services around acquisition, due diligence and taxation
- Business consulting services including internal auditing
- Sarbanes-Oxley consulting
- Risk management consulting