The oil and gas and the power and utilities industries are continually subjected to fluctuating prices and these are industries where long-term planning is the only effective route to success. This sector has to manage large operations effectively. This involves controlling costs, improving controls and managing risks. The requirements for medium to longer term investment also have to be continually re-assessed.
To complicate matters, regulations have always been complex in this sector and, apart from the usual financial reporting requirements, records must now be kept of energy policy goals, climate change and emissions targets, price and tariff requirements and a range of minimum service obligations. This sector more than any other is also subjected to demands for change and the power companies are involved in a constant search for cleaner and more sustainable energy.
These industries operate in demanding conditions and whilst the rewards are known to be handsome, the risk inherent in these operations should never be underestimated.
In this respect, TGS can offer industry-specialised expertise in both regulatory and accountancy compliance. TGS can also carry out risk assessments, internal audit planning and operational audits for standalone energy projects and joint ventures.
By maintaining long-standing relationships with clients, TGS member firms have developed a comprehensive understanding of the issues affecting the oil and gas, mining and renewable energy industries.
Our Sectors and Service
Quantum Auditors & 123 Consulting joins TGS Global Network
TGS are proud to be in South Africa with our most recent member, Quantum Auditors / 1.2.3. Consulting. With offices situ
Massie Turcotte joins TGS Global Network
TGS are proud to announce a new member in Canada. Massie Turcotte gives TGS a presence that stands out from other
PGK Consultores joins TGS Global Network
TGS is delighted to announce the membership of PGK Consultores, Argentina. PGK is a dynamic firm whose partners began th
Garssa Consulting has joined the TGS Global Network
TGS welcome Garssa Consulting to TGS. In 2012, Garssa Consulting saw a gap in the Colombian market and established a hig
Nakamoto & Company has joined the TGS Global Network
We are delighted to welcome our first Japanese member firm, Nakamoto & Company / Nakamoto International Tax Corporat