Oil & Gas

PwC is a leading advisor to the global oil and gas industry, working with every segment of the business—from oilfield services to upstream to midstream to downstream—to provide business solutions tailored to meet your needs.

Since early 2020, the COVID-19 pandemic and geopolitical instability from the Russia-Ukraine conflict, energy supply disruption and price volatility have resulted in an unpredictable macroeconomic situation. The uncertainty has highlighted the "energy trilemma", with the competing interests of energy supply, affordability and environmental sustainability causing energy companies and governments across the world to re-think their net zero strategies. Amid the uncertainty, the investment climate for oil and gas is even more important, as countries strive to satisfy energy demand in a sustainable manner. In Indonesia, as we await the long-planned revision to the 2001 Oil & Gas Law, debate around balancing the need to increase oil and gas production to satisfy the growing economy with Indonesia's 2060 net zero target, has led to discussions on carbon capture and storage (CCS), hydrogen and other new technologies. These will be the next set of challenges to development of new, large-scale oil and gas developments in the country.

How PwC can help you

PwC provides specialised services to meet the growing, complex requirements of companies operating in the oil and gas sector. Our team has the experience, skills and international network to contribute to your future success.