Our experience in the Energy industry

Trusted partners for our various clients in the Energy industry

  • Oil & Gas - upstream flow (exploration, drilling, wells)
  • Oil & Gas - midstream flow (storage, transportation, wholesale)
  • Oil & Gas - downstream flow (refinement, distribution)
  • Renewable Energy
  • Energy sector - services and equipment (maintenance, installation)

From an operational point of view, Energy companies will see a multitude of benefits of containing the complete flow, from upstream to downstream, into intra-group entities. Due to the nature of the activities, these entities are expected to own and transfer high-value fixed assets, as well as large amounts of capital expenditures. Moreover, especially in the context of a highly regulated industry, R&D must be the standard to ensure compliance with environmental policies, as well as to stay competitive and cost-effective.

With the heavy presence of Energy companies in local industrial areas such as Ploiesti, we have adapted our processes as to promptly cater to our clients in this competitive sector, successfully defending their transfer pricing strategies in tax audits.

A PRACTICAL CASE STUDY

Responsiveness and diligence, just like in the Energy industry, can go a long way

THE GROUP

The Rompetrol Group N.V. is the leading Oil&Gas company on the Romanian market, member of the KazMunayGas Group, but it has strong brand presence in total of 12 countries.

THE CLIENT

Rompetrol Group is split into four business units, Refining and Petrochemistry, Retail, Trading and Corporate Development, activities led by over 20 separate entities.

THE CHALLENGE

Thus, many entities with complex activities undertaking a large number of intra-group transactions – this imposes a challenging documentation burden.

THE SOLUTION

Rompetrol decided to outsource the information gathering process from all stakeholders involved in preparation of the transfer pricing documentation flow.

THE RESULT

Our colleague, Stefania, is now familiar with all Rompetrol entities involved, coordinating the information gathering process for the TP files and Advance Pricing Agreements.

THE TAKEAWAY

If your transfer pricing tasks seem too big to handle internally, your company should always reach out to experts and solutions will be provided according to your specific needs.

PROVEN EXPERTISE

We delivered value to our Energy clients earning worldwide turnover of over EUR 2.5 billion

MEASURABLE RESULTS

We achieved a 100% success rate in transfer pricing audits in Romania for our Energy clients

OTHER SUCCES STORIES IN THE ENERGY INDUSTRY

The clients that we represent, operating in the Energy industry, are leading players in their field

Ana Mihaela Ionescu

Butan Gas

"While looking for a consultant to help us prepare the transfer pricing file, the ATIPIC Solutions team was recommended. As expected, this team manages to facilitate the process by simply requesting and providing information in a very clear and structured way. We will definitely recommend their services further. ”

Florina Munteanu

Rompetrol

“The project went according to the initial discussions – no unforeseen situations, no pushing the deadlines, no unreasonable promises. My experience with ATIPIC Solutions is, they are great to collaborate with, a trustworthy partner from strategy up to defense.”

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