Upstream Accounting Excellence AS
4033 Stavanger ∙ Norway
VNG Norge AS
In December 2015 VNG Norge awarded a 3 year + 2 year + 2 year contract for accounting services to UPAX. The contract period is 2016-2023. Work undertaken by UPAX include the full range of accounting tasks such as joint venture accounting (operated & non-operated), revenue accounting, asset accounting, GL accounting, treasury, AP, AR, payroll and government reporting.
VNG has been present in Norway since 2006. The company is operator of the Pil discovery (PL586), partner in several fields on the Norwegian Continental Shelf, and expect to significantly increase their production in Norway in the coming years.