Press Release 2 minute read

TMF Group awarded accounting service provider contract for Neptune Energy in Norway

03 June 2020

TMF Group, a leading provider of international business administration services with a strong foothold in Oil & Gas sector in Norway, has been awarded an accounting service provider contract with Neptune Energy an international independent exploration and production company.

The contract will last three years (2020-2023) with the options to extend afterwards. The contract is estimated to involve approximately 8 FTEs from TMF Group.

In addition to the awarded contract TMF Group already delivers payroll, travel expense management and JV Audit services to Neptune, reducing their administrative burden and enabling them to focus on their business goals. TMF Group has been awarded the contract by Neptune Energy Norge AS which is part of the global Neptune Energy set-up.

Niels Didrich Buch, Head of the Nordic Market says: “It is always exciting working on such a deal and this solidifies TMF Group’s position as a key service provider for accounting, payroll and JV audit services for companies within the Oil & Gas sector. This transaction underlines both the capabilities of our Norwegian team and attractiveness of the Oil & Gas sector in Norway for global investors. We are looking forward to many more of these deals in the years to come.”

TMF Group's Norway team specialises in oil and gas. To find out how they can help your business, click here.

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