Offshore Industry

Project execution is at the core of offshore and oil and gas activity. Each project involves significant capital investment, operational risk and contractual complexity. Financial visibility at the project level is essential for maintaining profitability and compliance throughout the project lifecycle.

Aider Group delivers project-based accounting for oil and gas that provides real-time insight into financial performance across all phases of execution. Our project-based financial management services include:

• Real-time cost tracking for complex offshore and oil and gas projects

  
  

• Detailed cost allocation across work packages, disciplines and phases

  
  

• Multicurrency accounting and reporting aligned with global operations

  
  

• Automated invoicing and revenue recognition based on contractual milestones

  
  

• Work-in-progress management and accrual handling

  
  

• Transparent financial dashboards for project managers, executives and stakeholders

  
  

By aligning financial reporting with operational workflows, we ensure that project data supports proactive decision-making rather than retrospective analysis. This strengthens financial control and reduces the risk of cost overruns, disputes and compliance issues.

Offshore and oil and gas companies frequently operate across multiple jurisdictions, each with its own regulatory, tax and reporting requirements. Managing this complexity requires a structured and coordinated approach to oil and gas accounting across borders.

Aider Group provides comprehensive cross-border accounting and compliance services, including:

• Entity setup and administration in multiple jurisdictions

  
  

• Local statutory accounting aligned with group reporting requirements

  
  

• Tax compliance across international markets

  
  

• Regulatory documentation for offshore and oil and gas activities

  
  

• Audit-ready financial structures and reporting processes

  
  

Our teams ensure that financial operations remain compliant with local regulations while maintaining consistency and transparency at group level. This reduces regulatory risk and administrative burden for offshore companies operating globally.

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Vessels, rigs and offshore installations represent some of the most capital-intensive assets in the oil and gas industry. Without robust financial oversight, costs related to fuel, maintenance, crew and asset utilisation can quickly become opaque and difficult to control.

Aider Group provides specialised oil and gas accounting for vessels and offshore assets, including:

• Cost allocation per vessel, rig or subsea operation

  
  

• Fuel, maintenance and operational expense tracking

  
  

• Crew-related cost reporting and analysis

  
  

• Asset lifecycle tracking and capital expenditure control

  
  

• Digital documentation and approval workflows

  
  

This level of financial visibility enables offshore companies to optimise asset utilisation, manage lifecycle costs and maintain accurate financial records for both operational and statutory purposes.

Managing payroll in the offshore and oil and gas industry is uniquely complex. Workforces are often multinational, rotational and subject to varying labour, tax and social security regulations across jurisdictions. Errors in payroll processing can result in compliance risks, employee dissatisfaction and reputational damage.

Aider Group delivers compliant and scalable payroll solutions as part of our accounting for oil and gas companies, covering:

• Payroll for multinational offshore personnel

  
  

• Rotation schedules and travel management

  
  

• Allowances, overtime and offshore-specific compensation structures

  
  

• Tax and social security compliance across jurisdictions

  
  

• Secure digital workflows integrating HR and finance

  
  

Our approach ensures accuracy, transparency and compliance, while reducing administrative complexity for offshore operators.

Many offshore and oil and gas companies operate through complex group structures involving multiple legal entities, joint ventures and special purpose vehicles. Maintaining financial oversight at group level requires advanced consolidation and reporting capabilities.

Aider Group supports offshore groups with:

• IFRS and local GAAP reporting

  
  

• Multi-entity consolidation across jurisdictions

  
  

• SPV handling and ownership structure reporting

  
  

• Cash flow forecasting and liquidity management

  
  

• Investor- and board-ready reporting packages

  
  

These services enable leadership teams to maintain strategic oversight and make informed decisions based on accurate and consistent financial data.