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Ernst & Young LLP
1401 McKinney, Suite 1200
Houston, TX 77010

tel: (713) 750-1500
fax: (713) 750-1501

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Ernst & Young LLP
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Offering deep industry experience to help companies succeed in a complex environment.

Energy companies are working hard to meet demand, braving new frontiers for exploration and production and developing technologies to tap challenging reservoirs and unconventional fuel sources. And they’re doing it in an environment where resources – human, fuel and equipment – are constrained and government policies are in flux. With more than 550 seasoned energy audit, tax, transaction and advisory professionals in the US alone, the Ernst & Young Energy Center in Houston is poised and ready to respond to the pressures and problems energy companies face. Ernst & Young’s Energy Center leaders draw upon each others’ experience to develop recommendations for solving complex financial and strategic problems.

“Our Energy Center team has deep industry knowledge, access to Ernst & Young energy professionals in key oil and gas producing markets throughout the globe and extensive audit, tax, risk and transaction experience to provide well-informed practical advice to our clients,” said Charles Swanson, Houston office managing partner.

WHAT WE DO

Assurance & Advisory Services: Ernst & Young’s risk-based approach to audit services focuses on the drivers of the business, the associated risks and their potential effects on financial statements. Our performance improvement services are focused on finance, supply chain operations and customer management. Ernst & Young helps clients mitigate risk in financial and operational areas of energy companies.

Tax: In an area of increasing complexity, Ernst & Young’s tax planning practice offers a spectrum of support services to meet the demands of tax filing in multiple jurisdictions. Our integrated global network is comprised of dedicated international tax professionals who work together to help clients uncover opportunities, manage global tax risks, meet cross-border reporting obligations and deal with transfer pricing issues.

Transaction Advisory Services: Ernst & Young provides financial, tax, technology, operational, commercial and legal due-diligence assistance for energy companies involved in mergers and acquisitions. Post-deal, the Energy Center team provides integration support.

HOW WE DO IT
The Energy Center works with some of the world’s largest integrated energy companies, as well as many of the largest independent exploration and production, oilfield services and refining and marketing companies. “Our clients benefit from our knowledge and experience working with a variety of energy firms,” said Americas Oil and Gas Sector Leader, Marcela Donadio. “We’ve seen different scenarios played out, lived the implementations and experienced the results. As a result, we’re providing tried and true counsel to our clients.”

When issues arise, the Energy Center quickly pulls together a team of experienced advisors to work toward a recommendation. As a firm, Ernst & Young is able to rapidly deploy appropriate energy resources on a real-time basis, both domestically and internationally and respond quickly and confidently in today’s business environment. “Knowledge and experience are what sets Ernst & Young’s Energy Center apart,” said Donadio. “Our knowledgeable advisors are helping companies succeed in a challenging energy industry.”

For information about Energy Center events and continuing education opportunities, please contact us at 713-750-1388.
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