North Sea Operators; Supply Chain Tighten Collaboration

Published at 12:30PM - 20/05/16

North Sea operators and the industry supply chain are increasing their collaboration, according to a Deloitte and Oil & Gas UK report.

The survey suggests that operators are becoming more open and are engaging the supply chain earlier in projects, while smaller companies appear to be more eager to collaborate with operators than larger companies.

“Our members are telling us that it’s vital that the offshore industry pulls together to face what is a challenging time in the sector”, Oil & Gas UK’s Director of Business Excellence, Stephen Marcos Jones.

North Sea Operators; Supply Chain Tighten Collaboration

  According to the report, on a scale of 1 to 10, the Operator Collaboration Index (CI) score moved from 5.9 to 6.7 between summer of 2015 and March 2016.

“We’ve seen examples of how increased collaboration has been successful in the aerospace and automotive industries, so we’re pleased to see green shoots of success from the offshore oil and gas industry”, Jones added.

“It’s essential now that we work to nurture greater cooperation so [we] will be asking those operators who scored particularly highly to work with us on sharing examples of good practices”, he stated further.

 Collaboration Rising Throughout The O&G Sector

Meanwhile, fifteen offshore companies have joined forces to launch the Standardisation Unified Joint Industry Project (JIP) to set standards for the industry. The one-year agreement aims to cut costs and increase predictability in international offshore oil and gas engineering, procurement and construction projects.

The project promotes the use of standardised bulk material and equipment, construction and qualification procedures, Dermott International, one of the members of the JIP, informed.

According to McDermott’s vice president of engineering, Vaseem Khan, the agreement enables companies “to craft standards that deliver sustainable cost reductions without compromise to safety or operability”.