Oil & Gas UK Activity Survey 2016

6. Appendices

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6.1 Oil & Gas UK’s Efficiency Task Force The Case for Change E ciency task force– foramoree cient industry

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eework

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Sharply rising costs and decreasing efficiency in recent years have left the UK sector particularly exposed to the drop in oil price. Even before prices slumped, the industry was developing a response to the challenges it faced while upholding safe production. Work to increase efficiency initially began in 2014 but gathered greater momentum with the rapidly changing business environment prompted by the plummeting oil price. In September 2015, Oil & Gas UK stepped up this activity with the formal launch of the Efficiency Task Force (ETF). Introducing the Task Force The ETF comprises a group of experts tasked with driving forward pan-industry high impact initiatives to help improve the international competitiveness of the UKCS and support government policy to maximise economic recovery from the basin. The Task Force provides a catalyst for the rapid change in behaviours and practices that will encourage companies to look for efficiencies in their operations and put the industry as a whole on a more sustainable footing for the future. It is led by Oil & Gas UK co-chairman John Pearson, group president Northern Europe and CIS at Amec Foster Wheeler, and supported by a dedicated team from Oil & Gas UK working alongside industry members. The ETF takes a three-pronged approach under the themes of Co-operation, Culture and Behaviours; Business Process; and Standardisation – focussing on two or three projects in each.

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Co-operation, Culture and Behaviours Long-term transformational change will only come about through real collaboration between operators, major contractors and SMEs, embedding new ways of working and creating new business models. Under the Co-operation, Culture and Behaviours theme, the ETF aims to deliver the tools for that transformational change.

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