Project Financial Control in the Energy Sector

With low project margins, a high level of unpredictability, and fierce competition (both domestic and international), it does not take much to turn a profitable project into a loss-making project, putting the whole business at risk.

In recent years, this challenge has been exacerbated by the economic climate, labor shortages, and supply chain disruptions. That is why the need for excellent project financial control is no longer a ‘nice to have’, it is a must-have, especially in the oil & gas sector.

In our latest executive summary, we explore the four key pillars of effective project financial control in the oil & gas sector, including:

• Financial accounting
• Cost and revenue transactions
• Project and contract management
• Project cost control

For more information on the biggest industry drivers behind excellent project financial control in the oil & gas sector, download now.