New Online Tool Launched to Bolster UK Oil, Gas Supply Chain

A new online business development tool designed to help strengthen and improve the competitiveness of the UK oil and gas supply chain has been launched at Oil & Gas UK’s Share Fair at Aberdeen’s Exhibition and Conference Centre. 

The Hub, which is hosted on Oil & Gas UK’s website, claims to provide access to organisations ‘that are working to strengthen and improve the sustainability of the supply chain; support local, national and global competitiveness; and ensure activities and expertise are anchored in the UK’.

At the event, Ken Cruickshank, Oil & Gas UK’s supply chain manager, said the Hub offers companies a one-stop gateway to initiatives, tools and advice at the touch of a button.  

“Our supply chain is essential to maximizing economic recovery of up to an estimated 20 billion barrels of oil and gas from the UK Continental Shelf,” he said.

“It supports almost all the industry’s needs including exploration, field development, production and decommissioning but companies dealing with the current downturn need all the help they can get to shift from short-term survival to long-term sustainability,” he added.

Cruickshank mentioned that ensuring the resilience of the supply chain is a key priority for Oil & Gas UK, which is working on behalf of the industry to ensure it has the resources, support and guidance to deliver greater performance in a marginal business environment. 

“This web-based tool gives these companies access to invaluable advice on exporting, sourcing finance, improving efficiency, market intelligence, funding for innovation, networking opportunities and decommissioning information. It is designed to help the supply chain develop and maintain world-class capabilities in a competitive global economy,” he said.

“A broad cross-section of stakeholders including government departments, trade associations, innovation organizations and regional development bodies are supporting and contributing to the Supply Chain Hub,” he added.


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