Supply Chain Report 2023

1 Introduct ion

Our UK energy supply chain is made up of a network of companies providing a huge range of products and services. This extensive ecosystem provides the offshore industry with almost everything it needs, from seismic acquisition and interpretation of reservoir data, exploration and appraisal drilling, through to field developments and production operations and ending with decommissioning at the end of a field’s productive life. Robert Gordon University's UK Offshore Energy Workforce Transferability Review highlighted that most of these skills and capabilities are directly transferable, or easily adapted, to new energy industries including floating offshore wind, hydrogen and carbon capture and storage. Indeed, many UK supply chain companies are already active in these emerging sectors. They will be critical in our efforts to deliver a carbon neutral basin by 2050.

Through a variety of forums and workgroups, OEUK aims to ensure the voice of the supply chain is heard. These include the Supply Chain Forum, SME forum and workgroups focusing on topical issues. As the energy environment is never still for long, OEUK conducted two major surveys to gain a deeper insight of the challenges faced by the supply chain and these form the basis of this report. The Working as One (WaO) survey measured adherence to OEUK’s Supply Chain Principles (SCP, see below ), offering a unique insight into contracting behaviours and relationships between organisations. And the Supply Chain Management Sentiment survey revealed the factors threatening the welfare of supply chain organisations. This report communicates the key findings, highlights the challenges facing the UK supply chain and proposes recommendations.

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SUPPLY CHAIN REPORT 2023