www.pwc.com.cy
Delivering excellence to the Oil & Gas sector
Adding value through industry focused services Cyprus - 2013 Whatever your current or future issues are...
Legal
Direct & Indirect Tax
Health, Safety & Environmental (HSE), Process compliance
Financial Compliance
People
Office and other business facilities
We remain at the core of the industry, delivering value.
Our servises include:
Legal Office and other business facilities •• PSC obligations and Cyprus Co law •• Providing information on costs, building permits and licenses •• EPC contracts •• Producing a short-list of properties •• Regulatory and other approvals •• Drafting purchase/rental agreements
Direct & Indirect Tax People •• Effective structuring •• Finding local staff; interim staff/outsourcing of specialised staff •• Sustainability of corporate & expatriate tax positions •• Designing HR systems/processes •• VAT and Customs & Excise issues on equipment importation •• Approvals and permits for offshore and onshore expatriates •• VAT issues on farm outs •• Housing and schooling options
Financial compliance Health, Safety & Environmental (HSE), Process •• Statutory audits in line with IFRS and Cyprus Companies law Compliance •• Cost recovery statement (CRS) audits •• Designing Quality and HSE Management Systems •• CRS - internal control issues •• Production facility inspections/HSE due-diligence audits •• Risk assessments, hazards analysis •• Sustainability reporting and strategy formulation Among our clients in the PwC network and Cyprus
Alfa Group Consortium Harvest Natural Resources, Inc. Targa Resources Corp Alfa SAB de CV Hellenic Petroleum S.A. Tatneft’ imeni V.D. Shashina OAO Antarchile SA INEOS AG TonenGeneral Sekiyu K.K. ATP Oil & Gas Jugopetrol Unit Corp Atwood Oceanics Inc Kinder Morgan Inc World Fuel Services Corporation Berry Petroleum Co. Kogas Abu Dhabi National Oil Company BreitBurn Energy Partners L.P. Marathon Oil Corporation Amec PLC Cabot Oil & Gas Corporation Marathon Petroleum Corporation Baker Hughes Incorporated Canadian Natural Resources Limited Myria Holdings Inc BP Plc Cenovus Energy Inc. Nabors Industries Ltd. Eni SpA Chesapeake Energy Corporation Newfield Exploration Company Halliburton Company Chevron Corporation Noble Corporation Hess Corporation China Petrochemical Corporation (SINOPEC) Noble Energy Koch Industries, Inc. Cloud Peak Energy Inc Novatek OAO Kuwait Petroleum Corporation Constellation Energy Partners OAO Gazprom Polski Koncern Naftowy Orlen S A Core Laboratories ONEOK Inc. PTT Public Company Limited DCC plc Pertamina (Persero) PT Qatar Petroleum Denbury Resources Inc. Petroleo Brasileiro SA - Petrobras Reliance Industries Limited DONG Energy A/S Petroleum Development Oman Total SA ENI Plains All American Pipeline, L.P. Transocean Ltd. Ensco PLC Royal Dutch Shell Plc Valero Energy Corporation Emirates National Oil Company Limited Saudi Arabian Oil Company Weatherford International Ltd. Empresa Nacional Del Petroleo (ENAP) Schlumberger Limited Woodside Petroleum Ltd. Empresas COPEC S.A. SHV Holdings N.V. Enbridge Inc. S-Oil Corp EnCana Corporation Southwestern Energy Company Exxon Mobil Corporation Suburban Propane Partners Lp Galp Energia SGPS, S.A. Suncor Energy Inc.
Publications
Helping energy companies Eurasia Group and PwC: Global succeed. PwC’s global oil and Financial reporting in the Cyprus hydrocarbon trends in oil & gas: Free markets gas capabilities oil and gas industry opportunities versus state capitalism
Shale oil: the next energy revolution
Executing a successful listing 7th Edition of Petroleum Northern lights: A strategic vision Accounting: Principles, of Aberdeen as a world-class Procedures, & Issues energy capital 2011 PwC Global network of Energy, Our audit market share of global energy companies Utilities & Mining Groups (revenues of $10.0 billion+) is 30%, and we provide extensive advisory and tax services to another 33%
Over 4.000 industry specialists and 350 partners around the word
Client access to our internal Over 100 years of industry knowledge experience in serving management tools (PwC energy companies inform) and industry databases (IHS CERA, Eurasia etc)
PwC Cyprus
Our dedicated energy team drawn from our almost 1.000 professionals in Cyprus is ready to support you.
For more information please contact:
Constantinos Taliotis Chrysilios Pelekanos Partner, In Charge of Energy Team Partner, In charge of Indirect Tax Services [email protected] [email protected]
Nicos Chimarides Spyros A Evangelou Partner, In charge of Direct Tax Services Partner, In charge of Legal Practice [email protected] S.A. Evangelou & Co LLC [email protected] Philippos C Soseilos Partner, In charge of Performance Improvement Consulting [email protected]
PwC Cyprus Julia House, 3 Themistocles Dervis Street, CY-1066 Nicosia, Cyprus P O Box 21612, CY-1591 Nicosia, Cyprus Tel. +357 - 22555000 , Fax +357 - 22555001
Designed by: PwC Cyprus (Marketing & Communications Department) This content is for general information purposes only, and should not be used as a substitute for consultation with professional advisors. © 2013 PricewaterhouseCoopers Ltd. All rights reserved. PwC refers to the Cyprus member firm, and may sometimes refer to the PwC network. Each member firm is a separate legal entity. Please see www.pwc.com/structure for further details.