Even though we see a decline in oil and gas production in Denmark and in Northern Europe in general, the remaining resources are still extremely valuable both from a company perspective and for the economy as a whole. But the industry faces challenges.
It is increasingly difficult for upstream oil and gas companies to find projects with returns which justify the risks. Some of the major challenges are:
- Increase in capital investments per barrel of oil equivalent
- Project overruns
- Organisational scaling in a volatile industry
- Efficient Contract Management
Our dedicated team of oil and gas specialists have assisted companies facing these challenges. We provide advisory services to help our clients grow revenue, have efficient and effective operations, maximise return on human capital and managing economic and operational risk.
Morten Thorball
Partner, Transformation & Sustainability Advisory.
KPMG in Denmark
+45 25 61 00 84 Morten
Thorball
Phone number