Industry body Oil & Gas UK has signed an MOU (Memorandum of Understanding) with the EEEGR (East of England Energy Group) looking to develop a closer relationship to help the promote the interests of members.
The MOU was signed in front of more than 500 delegates from across the industry and supply chain at the company’s Southern North Sea conference in Norwich.
Both organisations have worked together for many years arranging joint events and providing speakers for public platforms and sharing information.
The move comes after Oil &Gas UK chief executive Deirdre Michie told delegates’ lessons could be learnt from the ‘tight ship’ of the North Sea.
Michie also pushed for further support for the North Sea oil and gas industry in the upcoming budget.
She said: “The businesses in this area and the region itself are important to the success of the UK oil and gas industry as a whole. Not only do they make a really important contribution to the operations in the Southern North Sea – their considerable expertise supports a healthy export market.
“However, we are an industry with serious challenges to address if we are to have a sustainable future.
“Signing a Memorandum of Cooperation is our commitment to work together in the interests of all our members to increase the visibility of the contribution of East of England oil and gas businesses to the industry, the region and the wider UK economy.
“I believe we are also an industry which will survive, despite a very difficult business environment. Working together with EEEGR, building on the expertise here in the Southern North Sea, we will be better placed to meet the challenges ahead.”
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