BP to propose Deloitte as auditor
Published by Francesca Brindle,
Editorial Assistant
Hydrocarbon Engineering,
BP p.l.c. (BP) has announced that it intends to propose to shareholders at its 2018 Annual General Meeting that Deloitte be appointed as the company’s auditor for the financial year 2018.
This decision was taken following a competitive audit tender.
EY, BP’s current external auditor, will continue in its role and will undertake the audit of BP for the financial years 2016 and, subject to reappointment by shareholders at the next Annual General Meeting, 2017.
Brendan Nelson, Chairman of BP’s Audit Committee, said, “I would like to thank EY for their high professional standards and all they have done to provide assurance to the Board and shareholders during their time as BP’s auditors. Subject to shareholder approval at the 2018 AGM, we look forward to working with Deloitte.”
Read the article online at: https://www.hydrocarbonengineering.com/gas-processing/15112016/bp-to-propose-deloitte-as-auditor/
You might also like
The Hydrocarbon Engineering Podcast - Overcoming downstream challenges with new technology
In this episode of the Hydrocarbon Engineering Podcast, Omar Sayeed, Centre of Excellence Leader for Reliability, and Rahul Negi, Director of AI and Industrial Autonomous, Honeywell Process Solutions, consider how new, innovative technology can help to overcome some of the challenges facing the downstream oil and gas sector.
Tune in to the Hydrocarbon Engineering Podcast on your favourite podcast app today.