Initiatives designed to improve the competitiveness of the oil and gas industry through increasing efficiency will be shared with delegates at the biggest energy event in the East of England this week.
Deirdre Michie, chief executive of Oil & Gas UK, keynote speaker at the two-day East of England Energy Group (EEEGR) conference and exhibition SNS2018, which opens tomorrow, will outline what is driving the improving performance and growing optimism in the industry.
Ms Michie will say that the Southern North Sea, with a supply chain with world-class capabilities, is helping to lead the way in effective cost management, delivering unit operating costs 20% lower than the rest of the UK Continental Shelf last year.
Delegates at the event, being held at the Norfolk Showground on the edge of Norwich and themed Collaboration, Innovation and Rejuvenation, will be able to take part in an Oil & Gas UK Efficiency Task Force roadshow and learn about what is being done to encourage the industry to share the common goal of becoming more efficient and globally competitive.
“Collaboration, innovation and rejuvenation, the themes of EEEGR’s conference this year, are powerful words,” said Ms Michie. “They sum up our industry’s positive approach to managing tough business conditions to ensure continued energy security for the UK, revenue for the economy and the sustaining of hundreds of thousands of jobs across the country.
“At SNS2018, I will share what’s behind our industry’s improving performance and growing optimism and also our experience of initiatives that deliver greater efficiency and competitiveness for the sector as a whole.
“This is a powerful demonstration of the expertise of the supply chain which has developed world class capabilities over the past 50 years. It is the reason why we consider the East of England to be a key hub for some of the industry’s most progressive companies including well engineering specialists, data interpretation consultancies and engineering consultants to name but a few.”
Dr Mariesha Jaffray, Oil & Gas UK’s continuous improvement manager will also be at the event to explain how the Efficiency Task Force Is helping the industry to up its efforts to secure a sustainable future for the sector.
“The industry’s world-class supply chain is spread throughout the UK and we want to make sure the efficiency message is spread far and wide,” she said.
“We’re focused on extending our programme of roadshows which are designed to encourage interaction and highlight how businesses can benefit from the initiatives, tools and guidance the Efficiency Task Force has developed.
“The events also provide an invaluable opportunity for participants to explore areas of inefficiency and identify projects that are great examples of smarter working practices.”
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