Economic Report 2016 - Oil & Gas UK

Figure 50: Collaboration Index Results

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Operator collaboration index score moves from 5.9 to 6.7

Almost 400

Operators are engaging the supply chain earlier in projects

Operators are becoming more open ...

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pieces of feedback across all major North Sea operators

out of a possible 10

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Operators are now more likely to proactively seek out new ideas and solutions from suppliers

Smaller companies appear to be more positive

Incentivising collaboration by financial means and through contractual terms remain the lowest scoring areas

about collaboration with operators than larger companies

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Financial incentives

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The Collaboration Index survey is being conducted again in quarter four 2016, this time expanded to give operators an opportunity to feedback on the behaviour of their suppliers.

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The Rapid Efficiency Exchange (REE) is a portal for sharing successful stories in improving efficiency and common industry challenges. Response has been positive so far with over 50 case studies of how companies are working smarter, innovatively and co-operatively. By accessing the portal, companies can find out how:

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• Maersk Oil adapted an inspection technique for scanning flexible hoses, which is forecast to reduce costs by more than 80 per cent over the next five years.

• Performance Improvement People used behavioural diagnostic tools to improve communication and reduce duplication of work within a project team dedicated to extending the life of a major North Sea asset.

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• Wood Group deployed a remotely operated aerial vehicle to inspect a derrick during well plugging and abandonment, avoiding an estimated three-week shutdown and saving over £1.5 million.

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• Perenco applied pipe-in-pipe technology to reinstate mothballed pipelines in six months, less than half the usual time and at a cost of £2.2 million, cheaper than conventional methods.

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• The Clair joint venture team completed a turnaround in 58 days instead of 108, adding around one million boe to the field’s production.

• Halliburton has installed a vendor-managed inventory machine in its Aberdeen workshop to dispense fast moving consumable items such as personal, protective equipment, abrasives and glue. This gives technicians controlled access to these goods and saves them time, avoiding trips to stores or raising requisitions. The average consumable spend has dropped by almost 60 per cent.

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