Impressive turnout at Share Fair Spotlight demonstrates supply chain thirst for business insights

More than 90 delegates attended Oil & Gas UK’s Share Fair Spotlight in Aberdeen today (March 28) to discover how their products and services could play a part in contributing to the repair and maintenance needs of three major purchasing companies: Chrysaor, Nexen Petroleum U.K. Limited and Stork.

Stephen Marcos Jones, director of business excellence at Oil & Gas UK, said:

“The major purchasing companies presenting at the event had the opportunity to meet an extremely broad cross section of companies ranging from specialist testing and inspection providers, equipment suppliers and engineering consultants to major contractors and operators. Positive feedback from attendees focused on the ample opportunities to meet potential clients face-to-face, the chance to discuss the informative presentations during regular networking breaks and the value of the event as a highly cost-effective way to engage in constructive business conversations targeted at driving innovation in repair and maintenance services.”

Chrysaor, currently in the process of establishing itself as a leading UK independent following its $3billion acquisition of some of Shell’s assets, provided delegates with insight into its forward plans. Providing delegates with valuable information about the timing of its transition into the role of operator, Chrysaor confirmed it will be looking to suppliers experienced in supporting mature assets for the answers it requires to extend the productive life of its new purchases.

As operator of the Buzzard, Golden Eagle and Scott platforms, Nexen Petroleum U.K. Limited is one of the largest producers on the UKCS. A key theme in its presentation focused on encouraging suppliers to continually engage with purchasers to develop cost-effective, innovative and sustainable solutions to repair and maintenance challenges.

Using a case study to describe its innovative approach to asset integrity inspection, assessment and repair, Stork shared with delegates how the company has adopted new strategies to improve efficiency noting that establishing the right levels of engagement, and open communication, between clients and suppliers are key priorities in delivering highly efficient operations.

Stephen Marcos Jones added: “The response to this event, the first Share Fair Spotlight of 2017, has been extremely positive. We launched these smaller scale topic-focused events last year and today we have seen both the return of past delegates as well as the welcome arrival of new participants. This is a clear demonstration that we’ve developed a format that is effective in helping purchasers and suppliers adopt co-operative business behaviours, embodied by the Industry Behaviours Charter, which can only bode well for driving sustainable solutions to support the UKCS in the future.”

Forthcoming opportunities to find out about supply chain-focused events include Oil & Gas UK’s Breakfast Briefing on the topic of Supply Chain Resilience at the Aberdeen Exhibition and Conference Centre on April 25. Production Efficiency provides the theme for Oil & Gas UK’s next Share Fair Spotlight event which will take place at its Aberdeen office on May 4.


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