Serving the Oil & Gas Industry
Innovation through exploration
An inexhaustible resource
Innovation is an inexhaustible resource in the industry and Deloitte’s 3,100 professionals who make up the Deloitte Oil & Gas practice are no different as they help keep the flow of ideas steady and on target. Through audit and enterprise risk services, tax services, consulting services, and financial advisory services, our professionals work with oil and gas companies, providing comprehensive services to help solve their most complex challenges.
Deloitte’s Oil & Gas practice:
- Serves all of the top 10 oil and gas companies on the Fortune 1,000
- Serves 97% of the Fortune 500 energy companies
- Provides tax services to 86% of the oil and gas companies on the Fortune 500
- Provides auditing or enterprise risk services to 92% of the oil and gas companies on the Fortune 500
- Provides consulting services to 64% of the oil and gas companies on the Fortune 500
- Provides financial advisory services to 53% of the oil and gas companies on the Fortune 500
Deloitte’s Tax practice is a leading tax advisor in the U.S. and internationally. Our tax professionals include field-experienced industry practitioners, devoted to specific oil and gas subsectors, and a deep bench of technical specialists across tax disciplines and jurisdictions. We can address your need for specialized tax knowledge, and supplement your tax organization while understanding the details important to oil and gas companies. We can help you explore ways to reduce your tax exposure by helping you understand and manage critical tax issues and help design and implement solutions that maximize your investment in people, process, data, and technology to optimize reporting responsibilities and minimize risk. The dramatic changes occurring in the tax arena require companies to do more proactive planning to help maintain a competitive advantage.
Deloitte provides oil and gas companies with audits and reviews of financial statements and reporting on internal controls in accordance with applicable professional standards. We bring audit teams with deep understanding of the accounting and auditing issues for the oil and gas industry. Additionally, as a fully integrated Oil & Gas team, our audit teams can access Deloitte subject matter specialists in areas including valuation, environmental health and safety, derivative accounting, and reservoir engineering.
Enterprise Risk Services
Deloitte’s Enterprise Risk Services provides comprehensive, integrated solutions to the oil and gas industry. Our solutions include a wide range of advisory services that focus on the challenges and risks that impact our clients. We help organizations build value by taking a risk intelligent approach to managing financial, technology, and business risks. Our risk advisory services include enterprise risk management, information security, internal audit assistance, finance transformation, regulatory consulting, and energy trading and risk management services.
As the world’s largest management consulting firm, Deloitte Consulting helps organizations build value by providing insights that create new futures and the hard work to improve performance. We help oil and gas companies tackle complex challenges in the face of unprecedented change in the industry. Delivering this kind of value requires a broad range of talent and capabilities in areas such as human capital, strategy and operations, and information technology services. We specialize in customized engagements that meet the very specific needs of our clients.
Financial Advisory Services
Deloitte’s Financial Advisory Services practice advises clients on managing business controversy and disputes, executing deals, and maintaining regulatory compliance. We provide services to oil and gas companies throughout their life cycle. Specifically, we help oil and gas clients address serious business concerns involving fraud, forensic investigations, litigation, and reorganization. We also advise businesses on valuation issues and other matters to help them in complying with today's regulatory environment. We assist oil and gas clients with originating and executing transactions and strategic investments for mergers and acquisitions, divestitures, and capital planning.
Specialty services for the energy industry
As our clients face a multitude of challenges and opportunities, Deloitte provides a full complement of services to assist our oil and gas clients in capitalizing on the opportunities and managing the challenges. To learn more about Deloitte’s specialty services for the oil and gas industry, download our brochure from the download section above.
As used in this document, ‘Deloitte’ means Deloitte LLP (and its subsidiaries). Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.