Welcome to BDO UK
United Kingdom
PSA and Concession Advisory
Services
Our PSA and concession advisory services group has clients in sectors including:
- Oil and Gas upstream exploration and production,
- Derivative polymer production and export,
- Government and state bodies,
- Commodities and trading, and
- Power and utilities
Our specialist advisory service team is led from London with team members working closely with their counterparts in the USA, Mexico, The United Arab Emirates and the Commonwealth of Independent States. Our PSA and Concession Advisory Group includes experts with a deep understanding of the tax and accounting issues affecting the sector, forensic investigations and in providing advice to government bodies.
Our experience
We have a wide range of experience advising companies and Governments around the world on many aspects of Production / Profit Sharing Agreements and Concessions. Our expertise includes:
- Concession, production / profit sharing, royalty and joint venture agreements
- Negotiation and re-negotiation of finance agreements, fiscal terms and pricing
- Evaluation of applied fiscal rules in concession royalty and tax returns and tonnage statements
- Evaluation of concessions for acquisition and disposal both to and from Government authorities
- Multiple shareholder / participator agreements
- Inter-opco pricing
- Operators’ accounting and reporting systems
- Evaluation of systems and controls, development of risk profiles and subsequent forensic testing.