Survey begins of collaboration on the UKCS

Deloitte has begun a survey about collaboration in the oil and gas producing industry of the UK Continental Shelf.

With support from Oil & Gas UK, the business advisory firm is studying the level and quality of collaboration now occurring on the UKCS and how companies might work together in new ways.

The survey asks participants what collaboration means, what constitutes effective collaboration, and how companies view themselves and each other as collaborators.

Justin Watson, a partner in Deloitte’s consulting practice, said collaboration is a focus of many of the firm’s conversations with clients.

“With subdued oil prices set to continue, it’s more important than ever that companies look at what could be gained by working more closely together to bring down costs, reduce complexity, and boost efficiency,” he said. “However, what collaboration means for the oil and gas industry is not well understood.”

Collaboration received emphasis in the 2013-14 Wood Review, which called for strategies aimed at achieving “maximum economic recovery” from remaining oil and gas resources of the UKCS (OGJ Online, Feb. 24, 2014).

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