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Olje og gass-Bransjer - Ernst & Young - Norway

Oil and gas

As a decision-maker at an Oil and gas company, your job is defined by a complicated mixture of realities: price volatility, the high costs and risks of working in geographically far-flung and challenging environments, difficult access to reserves and the pressure to find more cost effective exploration and production techniques.

Our Oil and gas professionals can help you manage risk, optimize performance, and increase your operational effectiveness, all while bringing you insights on the major trends that impact your business. The Ernst & Young Global Oil & Gas Center links an international network of our assurance, risk management, tax, transaction and finance professionals for knowledge-sharing and engages industry stakeholders through research, roundtables and other events.

The Oil & Gas group in Ernst & Young Norway consists of highly experienced consultants, covering two core sectors:

  • Oil & Gas, upstream
  • Oil Services
Lessons from change: the oil & gas industry

How can you manage your company through the recession and position yourself for growth? After interviewing thousands of oil and gas executives, we identified some overarching themes. From demonstrating operational flexibility to managing risks, we reveal the lessons that could mean the difference between surviving and thriving in the new economic environment.

Investing for the upturn

Despite uncertainty about future oil prices and demand, a new Ernst & Young report reveals that the biggest oil companies plan to maintain or even increase their investments throughout the recession. Read more

 

2009 Ernst & Young business risk report - oil and gas
The last six months have shown how quickly and dramatically market conditions can change. We have talked with Ernst & Young's global industry analysts and  leaders in the industry to identify the leading business risks and have rated the severity of the risk management challenge posed by each.The top 10 risks most likely to affect the oil and gas companies during 2009 and shape the industry going forward are addressed in this report. An understanding of how to respond to these challenges is essential for oil and gas companies in order to manage risk effectively. Read more. 

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