LONDON – Oil & Gas UK’s Efficiency Task Force (ETF) has unveiled its Industry Behaviours Charter.
The initiative, supported by the Oil and Gas Authority, commits member companies to cooperate to achieve transformational change for the UK’s offshore oil and gas industry.
Deirdre Michie, Oil & Gas UK’s CEO, said: “Improving the performance of this industry will only come about through real collaboration between operators, major contractors and SMEs, embedding new ways of working and creating new business models.
“The ETF aims to support that shift and the Industry Behaviours Charter…will be one of its principal mechanisms. We need the rest of industry to get fully behind it, taking the principles and incorporating them within their own organizations to help deliver a safe, competitive, and enduring future for our sector.”
Among the principles enshrined are:
1. Be an early adopter of efficiency initiatives and new technology, sharing learnings with others
2. Provide access to decision makers through a specific, fast access point, in order to escalate issues
3. Strengthen industry cooperation through continual improvement in and support for, industry codes of practice, forums, and standards
4. Contribute to performance improvement by ensuring transparent and time-bound legal, commercial, and contractual engagements
5. Commit to continuous improvement through regular review of the delivery of this charter, across all levels of my business.
The ETF is taking a three-pronged approach under the themes: Business Process; Standardization; and Cooperation, Culture and Behaviours - focusing on two or three projects in each.
Mark Richardson, North Sea projects group manager at Apache Corp. who led the project to create a charter, said: “It’s one piece of a bigger efficiency picture. We need to take on more individual responsibility and become less risk averse, in order to reap the rewards.”
“There is still a huge opportunity in the North Sea which is being missed at the moment, and unless we collectively do something about it we are going to lose that prize.”
Consultants Deloitte will also be involved in tracking progress made in collaborative working.
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