OEUK news

OEUK celebrates positive business behaviours at inaugural Share Fair awards

6 March 2023

Companies demonstrating an outstanding commitment to strengthening business relationships with their supply chain have been recognised by Offshore Energies UK (OEUK) at its flagship business development event at Aberdeen’s P&J Live venue..

The awards were presented to companies at Share Fair, an event supported by the North Sea Transition Authority, which encourages early engagement between suppliers and key industry buyers to help them identify opportunities to work collaboratively on future energy projects.

Gold Awards were presented to Equinor, Spirit Energy, Baker Hughes Limited, Dana Petroleum and Petrofac at Share Fair where more than 450 people gathered to share market intelligence about upcoming business opportunities available to the supply chain.

Companies achieving silver awards include CNOOC Petroleum Europe Limited, CNR International (U.K.) Limited, Harbour Energy plc, NEO Energy Group Limited, Neptune E&P UK Limited, SLB (formerly Schlumberger UK Limited); and Serica Energy (UK) Limited. The companies that earned a Bronze award are Apache North Sea Limited, EnQuest plc, Ithaca Energy (UK) Limited, Shell U.K. Limited, TAQA Bratani Limited, Total Energies E&P UK Limited, Wood plc and Worley.

Based on OEUK’s Working as One survey, the Supply Chain Principles awards celebrate companies demonstrating positive business behaviours when procuring goods and services from their suppliers. A total of 20 companies encompassing operators and major contractors earned awards with those in the gold category recognised for excellent performance in priority areas including prompt payment of invoices, fair allocation of risk and reward between buyer and supplier, plus openness to supply-chain-led innovation.

Katy Heidenreich OEUK’s Supply Chain & People Director said:
“We are grateful to the companies who have participated in our Working as One survey. It gives us an invaluable tool for assessing how our industry is treating its supply chain. The health and prosperity of our supply chain, and its ability to serve the evolving low carbon energy mix, depends on sustainable contracting and collaborative behaviours. Congratulations to the Gold Award winners whose suppliers have rated their performance so highly and to all those businesses whose awards reflect their commitment to driving improvement in their supply chain procurement performance.

These inaugural Supply Chain Principles Awards provide us with a benchmark for measuring progress, helping us to encourage other firms to aim for these high levels of attainment.”

Pauline Innes, Director of Supply Chain and Decommissioning at the NSTA, who presented the Gold Awards, said:
“Well done to all of the companies who have been honoured today for their commitment to improving behaviours and treating suppliers fairly. Only by displaying the right attitudes and collaborating can we sustain a strong supply chain capable of delivering the energy transition. It is important that industry does not rest on its laurels, and instead keeps pushing to raise standards even higher. Everyone should go for gold.”

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