Real Progress – now let’s go faster!

Nick Clark
Director, Deloitte UK

Nick Clark will address a number of questions regarding regulations and the length of time to develop offshore fields. Key questions include: What is supply chain collaboration in upstream, particularly between operators and suppliers, and what were we looking for in the context of the U.K. North Sea basin? What are the drivers for collaboration and how are these changing, particularly as oil prices rise? How has performance changed over the last three years – what have the barriers been, how have they been broken down? What has been the impact on the basin as a whole – how is the value perceived by operators, suppliers, regulator? What is the outlook?