The upstream sector focuses on exploring and producing crude oil and natural gas. This includes geological studies, seismic surveys, drilling, and managing reservoirs. These operations can take place onshore or offshore and may involve traditional oil, natural gas liquids (NGLs), sour gas, and liquefied natural gas (LNG). This segment is influenced by factors such as commodity prices, geopolitical dynamics, and technological advancements in extraction methods like hydraulic fracturing and enhanced oil recovery.

BDO UAE offers expert advice, technical support, and internal audits to improve efficiency and ensure compliance in upstream operations.

We provide comprehensive advisory support for upstream oil and gas operations, including exploration, drilling, and production across conventional and unconventional assets. Our services help clients optimise field development, ensure regulatory compliance, and enhance operational and financial performance.

Technical Services

• Subsurface assessment
• Drilling and production optimisation
• Technical audits
• Project Management Office (PMO) support
• Standard Operating Procedure (SOP)/ Standard Maintenance Procedure (SMP) development
• Asset condition evaluations
• Facility engineering

Financial Services

• Risk-based internal audits
• Internal Controls Over Financial Reporting (ICOFR) implementation
• Standard Operating Procedure (SOP) development
• Compliance in contracts, capex, joint ventures, and revenue recognition

Our Value

We help optimise exploration and production strategies while maintaining transparency and performance.