We’ve worked closely with the Technology Leadership Board, the Oil and Gas Authority, our Board and other industry organisations to identify the key challenges facing the industry.
The seven solution centres, aligned with industry themes - Asset Integrity, Wells, Marginal Developments, Subsurface, Decommissioning, Digital Transformation and Net Zero - provide our focus for co-investing, developing and deploying innovative technology that will directly benefit the industry.
Working to reduce asset integrity costs by 50%.
Reducing well construction and delivery costs by 50%.
Supporting new technology and field approaches to unlock marginal fields, with a target of 50%.
Working with industry to reduce decommissioning costs by 35%.
To improve production efficiency across the energy industry by 10%.
Improving efficiency while maintaining safe operations is a priority for the industry, and a challenge that many of our technology projects seek to address.
Oil & Gas UK's Efficiency Hub provides an industry focus on finding smarter ways of working.
It's a one stop shop for all things efficiency – information, news, case studies, industry initiatives and how you can get involved.
Click here to visit the Efficiency Hub.