Well Services Report 2014

WELL SERVICESCONTRACTORSREPORT2014

7. UKGovernment/Industry Initiatives andOrganisations Well servicescompanieswereaskedtoratethe importanceandeffectivenessofanumberofgovernment/industry initiatives and organisations, which have been established to encourage improved safety standards, drivemore efficient businesspractices and stimulate increased collaborationacross the industry.

Respondents identified the fourmost important initiatives and organisations as Step Change in Safety, Industry Mutual HoldHarmless (IMHH) Agreements,Oil&GasUKandValueContracting.

With regards to effectiveness, the highest rankedwere Step Change in Safety, Oil &Gas UK, IMHHAgreements and theSupplyChainCodeof Practice (SCCoP).

While a number of initiatives and organisations are deemed important, respondents ranked several as being largely ineffective, suggesting that increased effort is required to improve their success. Dialogue between the Well ServicesContractorsForumandanumberof thesebodies is inprogress toensure therequired improvements are implemented.

Figure7: ImportanceandEffectivenessofUKGovernment/Industry InitiativesandOrganisations

4.0

3.5

3.0

2.5

AverageRating

2.0

1=Poor 4=Good

1.5

1.0

2013 Importance

2013Effectiveness

Rating=Neutral

2012 Importance

2012Effectiveness

Source:Oil &GasUK

Source:Oil&GasUK

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