Upstream JV Auditing
Reviewing Exploration, Development, and Production operations, joint venture financial exposure, operator obligations, governance, risk management, and EPSA compliance to ensure contractual and commercial assurance.
My Expertise
Focused upstream assurance expertise for complex joint venture environments.
Specialized capability across upstream JV audit, EPSA/PSC compliance, recoverable cost review, revenue integrity, hydrocarbon accounting and financial governance.
Upstream Oil & Gas Assurance
EPSA/PSC Compliance
Evaluating compliance with Exploration and Production Sharing Agreements (EPSA), operator obligations, and contractual requirements to identify financial and commercial risk exposures.
Cost Recovery Auditing
Reviewing the eligibility of recoverable costs under EPSA, verifying the accuracy of recoverable cost calculations, assessing Opex–Capex classification, validating cost allocation among partners, and confirming contractual compliance.
Revenue Assurance
Reviewing hydrocarbon revenue streams from production to billing, identifying revenue leakage, billing discrepancies, and commercial exposure to ensure accurate revenue realization under contractual frameworks.
Production Entitlement
Reviewing net production, gain/loss adjustments, partner production entitlement calculations, and over/under-lifting positions to ensure accurate production allocation and compliance with EPSA provisions.
Hydrocarbon Accounting
Ensuring integrity of hydrocarbon accounting records by reconciling production, allocation, and movement data to validate overall hydrocarbon balances and reporting accuracy.
Oil Movement Auditing
Reviewing end-to-end hydrocarbon movement, including opening stock, production, adjustments, lifting, and closing stock, to ensure inventory accuracy, identify stock discrepancies, and support reliable production accounting.
Transportation & Loading Tariff
Reviewing oil transportation and loading tariff calculations, partner tariff charges, and invoice recoveries to ensure accurate tariff revenue and compliance with contractual terms.
Decommissioning Provision
Reviewing decommissioning cost estimates, provisioning methodology, and operator obligations to ensure accurate financial liability recognition in accordance with EPSA provisions.
Governance, Financial Controls & Systems
Governance, Risk & Compliance (GRC)
Strengthening governance, risk management, and regulatory compliance to enhance the effectiveness of operations, financial reporting, and compliance.
IFRS & Financial Reporting
Reviewing financial reporting and accounting treatments to ensure compliance with International Financial Reporting Standards (IFRS), EPSA contractual provisions, and sound financial reporting practices.
Internal Control Evaluation
Assessing control design, implementation, operating effectiveness and remediation priorities.
Contact Me
Let’s Discuss How I Can Add Value
Specialized in Upstream JV Audit & Assurance under EPSA/PSC agreements. Open to senior leadership opportunities in upstream joint venture audit and assurance across Saudi Arabia, the UAE, Qatar, and the wider GCC region.
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