
The oil and gas industry is contending with a dynamic global marketplace and an increasingly insistent group of stakeholders. Demand growth is slowing and regulatory pressures continue to impact operations, while available reserves are more difficult and expensive to produce. As the pressure to meet future energy demand mounts, global alliances are becoming more and more critical.
Oil and gas companies need to know how to respond to emerging trends, anticipate risk effectively, improve performance and operate more efficiently.
Ernst & Young’s Global Oil & Gas Center has a clear understanding of how to do this within your industry. It serves as the hub for our network of highly-skilled resources — professionals with deep experience delivering assurance, tax, transaction and advisory services within oil and gas companies.
The Center brings people and ideas together to help companies like yours meet the issues of today — and tomorrow. However complex your challenges, we share information with you on emerging trends and regulations to help you move forward in your business.
You benefit from support in managing your business more effectively — and understanding what’s shaping your industry.
Recent high oil prices may have helped to mask project cost overruns and enabled oil and gas projects to proceed. In our view, companies can no longer assume that every oil and gas capital project will be viable, no matter what the cost. Operational excellence — and outstanding risk management — will be critical to the success of these projects. Read this article and other regulatory news and industry developments in East Coast Offshore, Issue 9 (pdf, 156K).
In a world in search of new oil sources, the oil sands of Alberta, Canada, may represent at least 50% of new investable reserves accessible in the world today. Tremendous opportunities and challenges lie in highly complex and capital-intense projects with substantial environmental and social/political implications. Learn about the transaction life cycle, political/fiscal pressure and getting the oil sands production to market from our report.
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Barry Munro
Canadian Leader
Oil & Gas
Calgary
403 206 5017