More Norwegian acquisitions of UK oil and gas assets and businesses are on the cards later this year and into 2020, a top Aberdeen accountant has said.
New levels of North Sea upstream deal activity in 2019 are giving us many reasons to be positive and optimistic about the future.
Recent economic challenges in the upstream sector have created a new wave of opportunity and optimism in the North Sea.
Promotions at Aberdeen-based accountancy firm Anderson Anderson and Brown (AAB) have seen three of its team become directors.
We have witnessed a steady increase in merger and acquisition (M&A) activity in the oil and gas sector in 2018 with a number of high-profile transactions concerning companies and/or asset sales in the upstream exploration and production (E&P) space as well as the energy services sector and supply chain.
A relatively high and much more stable oil price has generated a lot of renewed investor interest in the North Sea upstream E&P sector over the past 12 months or so.
Anderson Anderson & Brown LLP (AAB), one of the UK’s leading independent firms of Chartered Accountants & Business Advisors, has announced significant growth within its global payroll team as a result of a number of new client wins. These new wins have seen a 50% increase in turnover, for that service, to £2.25million during the last year. As a result of this demand, the firm has added to their global payroll team, which is now some 20 people strong, through a number of key appointments including Katie Lange and Simon Porter, who each have extensive global payroll experience.
Faced with a tough downturn, the oil and gas industry has been working harder than ever to find smarter ways to do business.
The global economic landscape is constantly changing.
The firm has announced the appointment of David Purse as a Director in their Payroll & Employment Taxes team, in their London office.
Aberdeen, more than most, has given much thought to the effects of the off-payroll working rules introduced into the public sector in April 2017, and the potential repercussions if these rules were rolled out into the private sector.
Anderson Anderson & Brown LLP (AAB), one of the UK’s leading independent firms of Chartered Accountants & Business Advisors, has announced the appointment of Graeme Robertson as Senior Manager in their specialist joint venture and contact audit business, John F Daly Associates. In this role, Graeme becomes a key member of AAB’s specialist Upstream Oil & Gas team.
Much has been written about adaptation, change and innovation in the oil and gas industry in 2017.
What comes to mind when asked about a career in a firm of chartered accountants and business advisors? Lots of number crunching, tax calculations and countless legislation changes to keep up with, right? Even the firms who claim they are ‘different’ and not the ‘typical accountants’, they might do a bit of work around payroll or corporate finance, maybe some specialist tax work, but nothing more than that surely?
When you’re spending a lot of money, let’s say, a new kitchen, how much time do you spend agreeing the specification and the price? A lot, and you probably spend a lot of time making sure that the work has been done properly and that you have been charged the right amount. You care…it’s your money!
Chartered accountant and business adviser Anderson Anderson & Brown has appointed Brian McMurray as head of equity funding.
Anderson Anderson & Brown LLP (AAB), one of the UK’s leading firms of Chartered Accountants & Business Advisors, has announced an extremely successful first year for their own Charity; The Anderson Anderson & Brown Charitable Initiative (AABi), with an incredible £70,000 of funding donated to 45 different charities and causes. In addition, AABi has also donated over 1,250 of volunteering time to numerous charities across the City and Shire, including AAB staff being involved in 10 different education/mentoring programmes.
Please pardon the tautology, but there is a great deal of movement going on in global mobility. Employees are more mobile than ever and this trend is set to continue.
Anderson Anderson & Brown LLP (AAB), one of the UK’s leading firms of Chartered Accountants & Business Advisors, is pleased to announce the appointment of Nicola Rollings as Restructuring Manager in their growing Restructuring & Recovery (R2) division.
Anderson Anderson & Brown LLP (AAB), one of the UK’s leading independent firms of Chartered Accountants & Business Advisors, has announced the launch of a new service which will assist businesses in their gender pay gap reporting requirements, whilst also giving them valuable insights into their business and helping achieve compliance requirements.
Accountancy firm Anderson Anderson & Brown (AAB) notched up 52 deals worth a total of more than £500million during 2017.
Quoting Clint Eastwood in “Heartbreak Ridge”, this is the unofficial slogan of the US Marines. It could be a good slogan to adopt in the Oil & Gas industry – or perhaps we can take it one-step further by saying if we have adapted, changed and innovated in 2017, in the right market conditions, we can grow in 2018.
An expanding Consulting Division at Anderson Anderson & Brown LLP (AAB), one of the UK’s leading independent firms of Chartered Accountants + Business Advisors, is well prepared to support continued Oil & Gas industry recovery and growth in 2018 with its uniquely positioned Associate Network.
Anderson Anderson & Brown LLP (AAB), one of the UK’s leading independent firms of Chartered Accountants & Business Advisers, is delighted to announce the successful completion of seven transactions during October 2017, covering a range of sectors including Oil & Gas, construction, food & drink, retail and support services, taking its total number of successful transactions to over 40 for the 10 months to October. The total deal value for AAB deals for the 10 months to October 2017 is over £400m, up 50% on the prior year.
Attend any industry conference and signs that the wider oil, gas and chemicals industries are starting to embrace digitalisation will soon become apparent. The audience is moving from predominantly information technology (IT) personnel interested in the bits and bytes of data, to that of production engineers or management keen to know exactly and practically how digital can save the day.