Scroll down for more information

Energy

As the energy sector continues to evolve to achieve greater sustainability and efficiencies, our specialist team’s experience and in-depth knowledge helps businesses throughout this diverse sector adjust their approach, realign strategies and adapt to change.  

Contact Alasdair Green

  • Alasdair Green
    Neil Dinnes
    Meet the team

    The team

  • Energy Developers. Energy Producers. Energy Services. Energy Technology. Renewables & Clean Energy. Exploration & Production. Energy Transition. 

    Who we can help

  • Audit & Joint Venture Audit . Virtual Finance Function. Payroll & Global Mobility. HR Services. R&D & Corporate Tax. VAT & Customs. International Compliance. Residence & Domicile Consulting. M&A and Corporate Finance. Financial & Economic Modelling. Consulting. Management Information.

    How we can help

EFFECTIVE ADVICE FOR A FAST-MOVING SECTOR 

As international governments and public perception moves towards more sustainable, lower carbon power generation and industries, the energy sector is experiencing a significant and rapid transition.   

With in-depth energy sector knowledge that’s both well-established and fully up to speed, we are uniquely able to advise you and help guide your projects. Whether you’re involved in hydrocarbons production or the latest renewables technology, we’ll use our expertise to provide practical advice that understands the volatility, operating challenges and high expectations of the energy sector.  

We understand the business risks and will work with you to develop plans that mitigate those risks, capitalise on opportunities and create competitive advantage.  

ENERGY TRANSITION 

Energy transition has been taking place for centuries. Society has moved from being reliant on wood, to coal to hydrocarbons as principal sources of energy and the transition is constantly evolving.  

Today, with greater global emphasis on working towards and meeting net-zero greenhouse gas emissions targets, there’s never been a greater impetus to reduce and manage our global CO2 footprint across all industries in the energy sector.  

Our experienced team works with companies, strategic bodies, agencies and organisations in the private and public sectors to develop strategies, models and funding requirements that address change and energy transition. 

We work with renewable energy companies who have established themselves in the sector and with more traditional energy companies growing their products and services into renewables.  Here, amongst other services, we deliver advice relating to R&D tax relief, fundraising, growth and M&A. 

RENEWABLES & CLEAN ENERGY 

The renewables and clean energy sectors have developed significantly, with recent changes in policy and public perception driving towards a more sustainable and greener industry. We have seen considerable growth internationally, for example in offshore wind farms on the East Coast of America, Taiwan, Germany and the UK.   

Throughout these changes, our team at AAB has continually developed our invaluable expertise in renewables and clean energy industries, including wind, hydrogen, hydroelectric, geothermal and solar.     

We help energy and power businesses get ahead and stay ahead in the transitioning world of renewables and clean power. Our services support businesses in transforming their operations, developing future strategies and delivering efficiencies.  

AAB’s approach to be your trusted advisor allows you to focus on running and developing your business whilst we take care of your finance and HR through our Virtual Finance Function and HR services. We will also work alongside you in partnership to help you achieve your business goals, whether that be fundraising, M&A or consulting support. 

EXPLORATION & PRODUCTION 

The transition from hydrocarbons cannot happen overnight, and so our specialist upstream exploration and production team continues to support businesses in this sector. From our Aberdeen and London offices, our team of experts and technical specialists, with backgrounds in accounting, tax, industry and professional services, will work with you to deliver full lifecycle support.   

Our services include accounting, tax, audit, joint venture, drilling & contract audit, corporate finance, payroll and consulting. 

With an extensive client base and industry network spanning across six continents, we deliver finance and HR outsourced services and project-based work. We offer up-to-date hands-on experience and tried and tested methodologies in many aspects of North Sea and international upstream transaction and transition support, integration and programme management.  

ENERGY SERVICES 

Energy services companies that provide assets, maintain facilities and train, develop and provide personnel, in the UK and globally, are now facing extra challenges. In addition to strict reporting deadlines and complex contracts across a variety of jurisdictions, they are now adapting from their traditional operating base to serve new clients in the renewables and clean energy sector.  

We can help your business adapt to new demands. Our experienced, specialist team can project manage your evolving accounting and business requirements from start to successful conclusion. We’ll support you with assurance and advisory, tax compliance, corporate finance and other business support services.  

Across our all areas of the energy services sector, from offshore wind to oilfields, solar farms to hydropower, we will become your trusted partner, providing outsourced finance and HR solutions to help you operate efficiently and cost-effectively, with the knowledge you are fully compliant and working with a team that put your ambitions first. 

 

  • As a smaller sized business, it is a comfort to know that our payroll is being taken care of by the experts and we can concentrate on supporting other areas of our business.

    Barry R Moir, Superior-Wild Well Energy Services Limited

  • AAB proactively assisted in addressing any potential risk areas relating to Corporate Criminal Offence legislation in our business and ensured a successful solution was implemented in conjunction with our legal, tax and finance teams.

    Dave Aitken, Interwell

  • AAB have provided an efficient, professional service since becoming our auditors in 2018 for the special scope assurance audit. They have developed a good understanding of our business and are able to manage the expectations of all engaged parties.

    Finance Controller, Multinational Energy Client

  • AAB took over as Applus+ UK’s external auditor in 2022. The difference we have noticed compared to other auditors is that AAB Audits like we manage our business, adapting its procedures to our systems and the specifics of how Applus+ UK operates.

    John Hill, Head of Finance Applus+ UK

#Updates See all updates

Sign up to updates

  1. Blog13th Feb 2024

    Gillian Rushton, author of blog about HMRC One To Many Campaign

    HMRC’s ‘One to Many’ Campaign – Targeting Undeclared Dividend

    HMRC are now issuing letters to business owners under a ‘One to Many’ Letter campaign to target undeclared dividends payments. HMRC have been looking at company reserves and have noted that some are reducing but no dividends are being declared…

    By Gillian Rushton

    View more
  2. Blog7th Feb 2024

    Rhianne Stewart, author of blog about upgrading employee benefits programme

    Is It Time To Upgrade Your Employee Benefits Programme?

    It’s officially a new year. 333 days of growth opportunities for your business. While you’re looking ahead to the new year and planning for 2024 it is a great time to also think about your employee benefits programme. In its…

    By Rhianne Stewart

    View more
  3. Blog2nd Feb 2024

    Niamh McKenna, author of blog about National Insurance Contributions on car allowances

    Reclaiming National Insurance Contributions on car allowances – Have the rules changed?

    When it comes to NIC on car allowances- we would always advise that you don’t leave money in HMRC’s pot. HMRC have not appealed the upper tribunal judgement on their case against Laing O’Rourke Services Limited and Willmot Dixon Holdings limited,…

    By Niamh McKenna

    View more
  4. Blog9th Jan 2024

    Gregor Steedman, author of blog about working capital in transactions

    What Is Normalised Working Capital In Transactions

    Working Capital is generally one of the key considerations in an M&A transaction. It is often a subjective and complex area, and it can have implications on the total consideration payable in a transaction. What does working capital represent? Net…

    By Gregor Steedman

    View more

See all updates

Our accreditations