Despite the ongoing war, the occupation of territories with significant oil and gas deposits and attempts by occupiers to destroy the oil and gas industry in Ukraine, we continue our operations. Extractive companies are opening new deposits and increasing production in areas where it is possible, significant investment is going into new projects and research.

However, this all requires Ukrainian companies, operating in the Oil and Gas industry to carefully analyse their business models, change their capital structure, and reduce costs. They need to explore better strategies for optimizing productivity and to be thoughtful when integrating new technologies into their operations. It is also essential to consider the growing focus of investors on sustainable development principles, and to monitor changes in intergovernmental policies and regulatory reporting. Attention to all these details enables businesses to better respond to current commodity prices and plan for the future, which is very difficult to predict today.

Among BDO in Ukraine's clients are companies engaged in exploration and extraction, processing, and sales of oil and gas. We have decades of practical experience, a deep understanding of Ukrainian and international legislation, continuously improve our skills, and have access to advanced solutions from our global network, present in more than 160 countries worldwide.

In addition to traditional audit and tax compliance services, our experts advise companies and their investors on complex issues, including mergers and acquisitions (M&A), business valuation (including war damage assessment), cost management strategies and business process improvement using advanced solutions and digital technologies.