Oil and Gas UK (OGUK) wants to see a pioneering North Sea equipment sharing initiative grow from “small beer” into an Amazon-esque virtual warehouse.
More than 20 companies are sharing 200,000 spare parts through an expanding inventory management system devised to save time and money lost on ordering new gear.
OGUK chief executive Deirdre Michie said that, in one instance, sharing a component worth £100 had helped a company avoid a week-long shutdown.
Mrs Michie said that many companies had realised much could be gained from cooperating and that she wanted more to get involved.
“It’s small beer at the moment – our aspiration is to have an Amazon approach to life in the North Sea,” she said yesterday at a Peterhead Energy Hub exhibition.
Mrs Michie added there were signs the North Sea malaise could lift soon: “Some indications suggest we may have finally hit the bottom of the market in 2016, provided that we build on the achievements already made in cost efficiencies.
“If commodity prices hold up, we may see revenues increasing in 2017 across the supply chain, but no one, least of all me, is under any illusion 2017 will be any easier than 2016.”
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