OIL & GAS SECTOR
TECHNICAL AUDIT SERVICES FOR UPSTREAM PRODUCTION FACILITIES

Technical Audit Services
Part of production sharing contracts (PSC) commitment between contractors and national governments for upstream oil & gas production is carrying out both financial and technical audits to establish correct handling and management of cost recovery processes. A key component of the audit is to critically review all the facilities, processes and procedures used by the respective contractors to ensure that they are appropriate for the nature and location of the production operations.
If care is not taken, contractors may use technologies, facilities and/or processes suited for offshore operations in onshore operations for example, and subsequently burdening the host government/resource owners with unnecessary costs and potentially huge risks of reservoir damages. Gallant, leveraging the expertise of its experienced staff and consultants, adds value in carrying out technical audits and providing accurate and objective reports on findings as relates to the appropriateness of production activities for the expected type of operation.
We also proactively seek for opportunities to engage the PSC parties from the onset of any planned activity so we can review their plans and be able to advise on the appropriateness of the technologies, facilities, processes, etc. prior to their implementation. This will ensure that risks are managed upfront and prevent future conflicts between parties that may arise during post implementation cost recovery audits.
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