Change is constant in the oil and gas industry, and the drivers are well known: globalization, cyclical prices, cost containment, technological advances, productivity improvements, deregulation, and issues involving access to capital. How companies manage change can make the difference between those that thrive and those that fail.

KPMG’s Oil and Gas teams understand the issues impacting the industry. We have the experience to help you manage them. Our clients include super-majors, the new category of company formed by mergers of international integrated oil companies, as well as state-owned oil companies, independent producers, gas transmission and distribution companies, and service companies. We are a leading provider of industry focused advisory services – coordinating the skills and experience of audit, tax, financial advisory and business advisory professionals.

KPMG in Nigeria provides a wide range of professional services to our oil and gas sector clients. Our reputation and standing in the industry have been earned by our dedication and commitment to providing clients with consistent services of high quality.

• Added value financial statement audits using KPMG’s risk based audit methodology:
  
• U.S. GAAP and IAS reporting
• Non-statutory audits and audit-based advice
• Audits of environmental reports
• Social performance verification

• Petroleum Profits Tax compliance review
• Withholding Tax and Value Added Tax review
• Taxation of gas and shipping companies
• Tax implications of shared service arrangements
• Opinions regarding gas incentives and investments
• Opinions on tax implications of joint ventures
• Compensation review and restructuring
• Local content review and advice
• Payroll management services
• Company secretarial services
• Immigration and employment permit assistance

• Assistance with share valuation, privatization
• Due diligence reviews to assist investment decisions
• Business process improvement /reengineering
• Enterprise Resourse Planning/packaged software implementation
• Strategy and organization design
• Systems design and coordination.
  
• Change enablement
• Supply chain/Logistics Management

For further information contact:
Chibuzor Anyanechi
e-Mail address: chibuzor.anyanechi@ng.kpmg.com