Faced with the sharp rise in commodity prices, rising production and exploration costs and the shortage of skilled labor and working capital, maintaining profitability and growth is difficult. It is more important for natural resources companies to strategically manage costs and risks, especially in the often highly regulated environments in which they operate.
The oil and gas industry is currently experiencing a period of high volatility. While the risk continues to dominate the energy landscape, competition is increasingly becoming a dominant feature.
In addition to traditional auditing, tax and advisory activities to companies, BDO also provides advice on complex issues, including transaction advisory services, revenue recognition, technology issues and risk management.
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