Our expertise

In response to the challenges of the Energy sector and its growing complexity, Mazars has brought an international team of experts to help companies to reach their goals and achieve success.

Diverse challenges facing the industry

Worldwide energy consumption is projected to increase by more than 40 percent by 2035, fuelled by  an increasing global population, improvement of living conditions, economic output and emergence of new economies. Even if the overall demand is strong, energy players are evolving in a fast-moving and dynamic context, marked by cyclical and structural trends.  In order to seize market opportunities, energy companies have to deal with major challenges driven by political, economic, environmental and social issues :

  • Growing energy needs in developing countries 
  • Significant impending changes in the energy mix
  • Volatile commodity prices 
  • Fossil fuel scarcity
  • Development of clean, renewable and unconventional energy
  • Decisive regulatory framework that is complex and ever-evolving 
  • A need to modernize existing infrastructure with increased funding issues

Dedicated services to meet the challenges of a changing industry

"Mazars' service is characterised by a thorough understanding of our business, allowing them to add value to the audit process. The close involvement of senior team members has quickly built a strong working relationship with our own teams." Managing Director, Schneider Electric Limited

The diverse range of services we have provided to our Energy clients have allowed us to develop a rich set of solutions to meet varying client needs, notably in the following areas: 

International development and external growth 

  • Investment opportunity studies in the energy sector (infrastructure, alternative energy, distribution ...) 
  • Assistance in transaction execution (due diligence, purchase price allocation ...)
  • Support in driving integration projects
  • Financial, tax and legal support in establishing subsidiaries or businesses

Optimising financial management

  • Audit both large companies and SMEs, listed and unlisted
  • Support the finance and accounting function, reporting and consolidation
  • Financial engineering (optimisation of corporate finance, cash management, working capital reduction, reverse factoring, ...)
  • Alignment of costs in connection with the business strategy (ABC ...)
  • Financial modelling of investment projects

Managing risk

  • Adjusting the level of investment in accordance with industrial risks 
  • Risk mapping 
  • Support audit and internal control 
  • Identification and prevention of fraud risks

Improving operational performance

  • Industrial asset optimisation by transforming regulatory constraints into opportunities (European Directive on strategic oil stocks, 3rd European Directive on electricity and gas...) 
  • Global optimisation of the supply chain 
  • Maintenance strategy for industrial sites (platforms, refineries, depots, nuclear sites ...) 
  • Critical spare parts logistics

Sustainable development

  • "Human Rights" and social audits 
  • Support the competitiveness and image of companies through expertise in the areas of environment, safety and social responsibility
  • Optimisation of carbon strategy