Minimising contract closeout risk impact | KPMG | AU

Minimising contract closeout risk impact for ENR projects

Minimising contract closeout risk impact

Over the next 2 years, nearly $70 billion worth of contracts will be closed out on major capital infrastructure projects across Australia, a large portion of which is centred around the large liquefied natural gas (LNG) projects in central Queensland and on the North West Shelf in Western Australia.


Partner, Major Projects Advisory

KPMG Australia


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Oil rig at sunrise

The downturn in global energy markets has led to a situation where affected parties – joint venture partners, contractors, employees and all those affected by contract disputes – need to protect their reputations, retain margins and, in several instances, recover costs where projects are challenged economically.

Key topics

KPMG's Global Energy Institute report covers:

  • issues observed that have impacted the closing out of contracts
  • suggestions when closing out a contract
  • lessons learnt.

Oil & Gas

Oil & Gas

KPMG offers a range of services, along with access to global resources, to address issues faced by the oil and gas industry.

Major Projects Advisory

Major Projects Advisory

KPMG can help organisations identify and avoid problems on major projects. We develop structured work plans for monitoring key stakeholder outputs.

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