The Commercial Managers Forum (CMF) was formed in 2017 to develop the right commercial behaviours needed to maximise the economic recovery of the UKCS’ oil and gas. The CMF is led by a cross-section of senior commercial managers from operators and infrastructure owners in the basin. There are also close links to the legal community. Here, members of the CMF outline the benefits of their collaboration.
The CMF has absorbed the responsibilities of the previous Code of Practice Champions Network. It aims to:
- Provide visible and sustainable leadership on commercial behaviours
- Provide a platform for sharing good practices, building relationships and shaping the commercial agenda
- Act as custodians of the Commercial and Infrastructure Codes of Practices and champion the behaviours described therein;
- Own workgroups to develop specific industry-led commercial behaviours and promote the use of industry-standard forms and agreements.
OEUK also manages several legal entities to increase the operational efficiency of the UK Continental Shelf. For more information, see here.