OEUK news

Industry takes stock of collaboration efforts to drive Vision 2035

11 December 2018

Around 80 people attended a key industry event on Friday, December 7 where collaborative success stories between operators and the supply chain were showcased as part of a shared ambition to add a generation of productive life to the UK Continental Shelf.

Oil & Gas UK’s Efficiency Task Force (ETF) hosted the joint event with Shell U.K Limited in a bid to share best practice and learnings on how companies can best collaborate to reduce risk and increase efficiencies. The behaviour is key to industry-wide efforts to extend the life of the UK Continental Shelf, outlined in Vision 2035.

Vision 2035 is a framework for the industry’s shared future ambitions and aims to add a generation of life to the basin, whilst doubling the supply chain’s global footprint to ensure a lasting legacy.

Commenting on the event, Deirdre Michie, Chief Executive of Oil & Gas UK, said:

“The Efficiency Task Force is a fantastic example of what can be achieved through collaboration. By putting trust, common goals and shared risk into business practices, companies are reaping the rewards, increasing their efficiencies, reducing their costs and sharing knowledge – ultimately maximising economic recovery from the basin.

“The UK’s offshore oil and gas industry is essential for security of energy supply, contributing billions to the economy and supporting hundreds of thousands of high-value jobs for many years to come.

“This event highlighted how far we have already come and while we are progressing towards delivering Vision 2035, we need to constantly raise the bar in terms of working harder and faster towards delivering the Vision.”

Speakers at the event included Deirdre Michie, CEO of Oil & Gas UK, Steve Phimister, Cultural Change Champion and VP of Upstream at Shell U.K Limited, and Phil Simons, Efficiency Task Force Chair, of Subsea 7.

Steve Phimister, of Shell U.K Limited, said: “Our ability to collaborate is central to the competitiveness of our basin. It comes down to our leadership and our behaviours – how we choose to work together across industry, supply chain and operators alike.

“We are making progress on the meaningful behavioural change required to improve our collaboration through active dialogue and changes in our ways of working. I’m encouraged that over 35 operator and supply chain companies have directly played their part this year.

“I believe we’re starting to get traction on sharing of best practice and learning from one another, as a key enabler to the delivery of Vision 2035. Collectively, we can build on this, challenging ourselves in 2019 to create new outcomes together and replicate solutions that increase investment in the basin and deliver value to many.”

The event allowed industry to check-in on collective progress across the basin, with the audience hearing case studies which highlighted successes from Nexen, Shell and Subsea 7, among others.

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