A secure, reliable, efficient, and affordable source of energy is the basis of modern commerce. As highly publicized blackouts, shortages, and cutoffs so clearly demonstrate, when the lights or the heat go out or the pumps run out of gas, business shuts down. At Deloitte, our worldwide member firms provide an array of specialists whose only job is to assist energy and resource companies.
Deloitte industry focused professionals have either attest or significant non-attest relationships with 60% (57 of the 96) Energy & Resources companies listed in the 2011 Global Fortune 500®. These include 13 of the top 25 electric power companies, 34 of the 56 largest oil & gas companies, 7 of the 10 largest mining companies, 43% of the national oil companies, and all of the water companies. Deloitte member firms also serve 2 of 4 of the world's largest shipping companies.
During fiscal year 2011, the Deloitte Energy & Resources network of member firms earned over $2.1 billion in fees in the energy sector.
Energy clients have specific needs that demand specialists. In response to those unique needs, we have developed over two dozen service lines focused on energy. We actively support global clients by ensuring we have the right people to serve each client. We have the capability of locating professionals with the experience needed and can facilitate their deployment to the client's location.
E&R professionals stay connected. We have a designated, active leader for every country where we have offices, as well as for every sector served and for every service line offered. Since 1998, each month these leaders leaders join in conference to discuss industry developments, events, and issues. Since 1999, we have had a global energy intranet for the purpose of sharing industry knowledge among our practitioners.