Offshore Energies Magazine - Issue 55 Spring 2023

'Share Fair' awards celebrate commercial collaboration & integrity between buyer and supplier, plus openness to innovations introduced by the supply chain. L-R: Pauline Innes (NSTA); Nick Gorten (Spirit Energy); Claire Phillips (Baker Hughes); Michael Hume (Dana Petroleum); Julie McWilliam (Equinor); Roy Chaudry (Petrofac); Katy Heidenreich (OEUK).

OEUK marked the return of Share Fair with an inaugural awards ceremony in Aberdeen, early February. The prizes recognised the efforts of companies who have demonstrated an outstanding commitment to strengthening business relationships with their supply chain. The North Sea Transition Authority was also present at the flagship business development event. The regulator encourages early engagement between suppliers and key industry buyers to help them identify opportunities to work collaboratively on energy projects. Gold Awards were presented to Equinor, Spirit Energy, Baker Hughes, Dana Petroleum and Petrofac ( see photo ) at the event that saw more than 450 people gather to share intelligence about business opportunities. Silver award-winners include CNOOC Petroleum Europe, CNR International, Harbour Energy, NEO Energy, Neptune E&P, SLB and Serica Energy. The companies that earned a Bronze award were Apache North Sea, EnQuest, Ithaca Energy, Shell, TAQA, Total Energies E&P, Wood 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

OEUK’s Supply Chain & People Director Katy Heidenreich 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." The Working as One survey is an annual poll. The NSTA's Director of Supply Chain and Decommissioning Pauline Innes, 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."

O E U K M a g a z i n e | S p r i n g 2 0 2 3 | 7