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KPMG

Opinion

Investing in Norway doesn’t have to be taxing

With recent reports of several new development plans on the horizon for Norway, the Norwegian energy industry is anticipating a promising three to four years of activity ahead. Wider areas of Norway are now being explored, including the West Barents Sea, and discoveries such as Johan Sverdrup and the extension of the Norne field by the Cape Vulture discovery, along with the Johan Castberg, will require new thinking and, in turn, attract new companies to enter the market.

Opinion

KPMG: Will 2018 be the year of consolidation in oilfield services?

After mergers and acquisitions (M&A) activity fell to its lowest levels in a decade in the first half of 2016, there was a notable pick-up in oilfield services (OFS) deals in 2017.  However, with the rationale behind each deal varying, it is difficult to discern a clear single market driver behind these recent transactions.

Markets

ABB to propose KPMG as external auditor from 2018

ABB announced today that its Board intends to appoint KPMG as its external auditor effective for the financial year 2018. This decision was taken following a year-long comprehensive external auditor tender process initiated in 2016 in line with international good governance practices.