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Oil & Gas

Complex operations, reported from one version of the facts.

Oil and gas groups manage operational, financial and compliance risk across many sites, entities and partners. We help them connect risk, controls and performance to the systems where the work is recorded, so the board sees the same picture as operations.

Nuralta · Strategy, GRC and performance advisory

Offshore platform on a calm, hazy sea

The pressures

Many assets, many entities, one board

Upstream, downstream and service businesses often sit in separate subsidiaries and joint ventures, each with its own systems and reporting habits. Consolidating risk and performance across them takes weeks, and the result is out of date by the time it reaches the board.

Operational and safety risks sit alongside financial, contractual and compliance risks. Large procurement and contract volumes run through ERP, which makes controls over spend, authorisations and segregation of duties a standing audit concern.

Price cycles force frequent re-planning, and new objectives on sustainability, local content and diversification add KPIs that must be measured with the same discipline as production and cost.


What good looks like

A group view that holds up in the boardroom

  • One risk taxonomy used by every entity, from field operations to head office.
  • Key financial controls tested continuously, with exceptions owned and closed.
  • Group performance consolidated from source systems, not rebuilt each month.
  • New strategic objectives measured with the same rigour as production and cost.

Next step

Start with one risk or one report

Most engagements begin with a single question: a control the auditors keep raising, or a board report that takes too long to produce. Tell us yours.

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