Key Actions

Growing the economy and exports

Develop supply segment outlook and opportunity reports
Continue to utilise supply chain best practices (including contract models, supply chain principles, payment terms, standardisation and supply chain collaboration)
Establish KPIs to improve supply chain efficiency
Leverage key industry shared platforms and shared service models
Develop key performance indicators for decommissioning and a decommissioning performance tracking tool, which includes benchmarks against other basins

Increase visibility of upcoming global oil, gas, and renewables activity and projects
Leverage supply chain skills to support wider energy diversification
Establish industry standards to ensure consistency across the offshore energy spectrum
Establish the UKCS as a sector leader in underwater technology, low carbon production, CCUS, Hydrogen and decommissioning

Establish key export events on annual basis
Establish mechanism and platform to track and show progress in supply chain exports & diversification
Develop plans to leverage support and capabilities provided by DIT and SDI across the energy spectrum (for both exports and inward investment)
Launch ‘Exporters toolkit’ and encourage uptake and implementation
Leverage support and capabilities provided by UK Export Finance and other exporting bodies
Develop export outlook and opportunity reports
Improve connectivity and visibility across the supply chain of new domestic and export opportunities
Improve visibility of exporting and non-exporting elements of the supply chain