Joint Venture Audits
Vendor Recovery Audits
Contract Compliance Audits
Cost Recovery
& Risk Mitigation
Anti Corruption
& Fraud Prevention
Specialist Hydrocarbon Accounting
Field Office Accounting
Well Engineering Accounting


  Field Office
  Management & Accounting

Petroserve Consultants is able to provide a full turnkey service in opening an overseas field office Overseas Exploration-only Ventures (OEV) in support of all Financial and Administrative functions. We are fully cognisant of the need for low cost solutions and the ability to enter and exit a remote location quickly and efficiently but at the same time ensuring compliance with all relevant laws and regulations.

1. Define the host country's fiscal regime and regulatory reporting requirements.
2. Source Office Space and establish IT contracts, Communications and local staffing.
3. Establish government contacts and government reporting lines.
4. Provide comprehensive financial and administrative support from day 1 and source an expatriate Finance & Administration Manager.
5. Ensure the set up of financial systems processes and procedures complying with Tax, PSC, JOA and statutory guidelines.
6. Appoint third party support services.
7. Represent the Company at all PSC, Permit, JOCM and stakeholder meetings.
8. Assist with the development of the Business Plan and KPI's.
9. Ensure that significant business risks are identified, reported and managed in support of business activities and objectives. Identify and recommend mitigation strategies.
 
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