Oil and Gas (energy)

Uncertainty is running high at the start of the new decade. How will the energy supply and stability be impacted given changes in key energy producing locations? Companies have new standards to follow and tighter regulations are under discussion.

Strategy and long range planning are even more important in today’s uncertain environment. Oil and gas companies must control costs. They will continue to weigh the risks versus benefits of new projects, new products and how much capital to invest. Behind such decisions, there are regulatory, safety and environmental considerations. Balancing the need to supply the world with hydrocarbons, companies are considering investments in alternative energy sources. Technology is driving potential breakthroughs in both hydrocarbons and new energy sources in Africa. Unconventional hydrocarbons, such as shale oil and gas, bitumen and coal bed methane could expand the supply of oil and gas.

PwC is the world’s leading advisor to the energy industry, working with every segment of the business - from upstream to midstream to downstream within Africa - to provide business solutions tailored to meet your needs. We excel in serving oil and gas companies because of our skills, experience and teams of industry specialists. For more than 100 years, we have helped energy companies succeed. PwC South Africa is an integral part of the PwC global energy, utilities and mining practice, Global energy statement of capabilities. For further information, download the global capability statement.