Five companies have been named as new North Sea player MOL Energy's collaborative partners, as part of an alternative approach to supply chain management championed by the firm's UK managing director.
MOL says that after putting into practice a collaborative process required to meet the certification standard BS11000, as well as undertaking a commercial assessment, it chose five collaboration partners:
MOL says: "Collaboration has become highly topical for those in the North Sea oil industry, as operators and suppliers recognize the future relies on a movement away from competition and towards closer partnerships throughout the value chain."
’’At MOL Energy UK we are clear the path to success lies in adopting a collaborative business model,” says Chris Bird. ’’And as a new market entrant, we are in an ideal position to create a corporate culture and values-driven approach that is based on effective collaboration from the start. We are at the start of our journey to overcome the challenges in our current environment and find solutions which will make the basin successful and support government initiatives to attract new investment and maximize economic recovery.
’’From the outset the company has made early engagement with potential partners a priority, and our aim is to build long term, mutually beneficial partnerships. I’d like to specifically thank our partners as well as the rest of the supply chain for their willing engagement in this process.”
MOL Energy UK’s Head of Supply Chain and Procurement, Ian Rattray, says the selection process covered the commercial offering, added value, cultural alignment, managing the interfaces between the company and external partners, resourcing, good communication and having a process for managing conflict.
Collaboration is the theme of the OGUK Share Fair in November, and OGUK, OGA, the Government and Deloitte are working together to embody the need for collaboration within the Energy Bill currently going through Parliament.