OTC 2015: Lloyd's Register closes with call for collaboration

A Lloyd’s Register Energy survey at OTC 2015 show than more than 36% of respondents consider a skills/knowledge shortage to be the primary issue within the oil and gas business.

May 7th, 2015

Offshore staff

HOUSTON –A Lloyd’s Register Energy survey at OTC 2015 show than more than 36% of respondents consider a skills/knowledge shortage to be the primary issue within the oil and gas business. The regulatory environment (21%), commercial barriers to collaboration on innovation (17%), aging assets (12%), and inability to adopt technology (14%), were also seen as important issues.

Other challenges include a continued focus on increasing safety in deepwater exploration, FLNG, developing cleaner and more efficient technology, and stepping up work on new forms of energy.

At the close of OTC 2015, Lloyd’s Register Energy identified three short-term priorities the industry must address.

They are: striking the balance between safety critical issues and operational pressures; improving the prioritization of maintenance so that safety critical areas are addressed and not deferred; and ensuring competence through skills, technology, and innovation to help deliver on upcoming energy sources -- maximizing economic value and energy security issues.

“The responsibility for ensuring the future of the oil and gas industry lies with each of us – business, academics, regulators and government alike. By working more collaboratively, more intelligently, and with a greater vision, then we will all effectively advance the industry’s success,” highlighted Duco de Haan, commercial development director of Lloyd’s Register Energy.

During market downturns, collaboration across industry is critical in order to share best practice and evolve joint ventures, and this should not be hampered by a focus on cost reduction.”

5/7/15

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