By Norman J. Smith
This ebook stories the of the British financial system and the prestige of offshore know-how instantly sooner than the coming of the oil and gasoline within the North Sea. It examines the fast and long term reactions to this huge new of either the personal zone and of presidency, together with the formation, features and operations of the Offshore provides place of work (OSO). The "The complete and reasonable chance" coverage for British enterprises and the position of' "UK content material" and the sponsorship of R&D via license awards are thought of. family members with the us, Norway and different ecu nations, in addition to the eu fee are coated. although the approximately 30 years of presidency help during the OSO, the united kingdom has no longer reaped the complete good thing about the North Sea discoveries; this e-book makes an attempt to give an explanation for why.Covers the total interval from the 1st good offshore Britain until eventually the dismantling of the explicit British commercial coverage measures for offshore suppliesBased in huge degree upon records now not formerly accessed and the non-public testimony/papers of individuals 'Drills down' to the extent of person corporation judgements via case research and different fabric
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Extra info for The Sea of Lost Opportunity: North Sea Oil and Gas, British Industry and the Offshore Supplies Office
S. petroleum industry, then heavily biased towards domestic activities and with many small oil and gas producers, had developed a large service and supply sector with accepted standards and specifications, with which British oil companies developed links around the world. Some American service and supply companies were already using the UK as their Eastern Hemisphere base before the initial North Sea discoveries. S. clients became active in the North Sea. Crucially, in the decade and a half leading up to the start of North Sea exploration, a specialised offshore technology had evolved in the Gulf of Mexico (GoM), with offshoots in other benign marine areas.
A follow-up report was written by a second Working Party (NEDO 1976), concluding that a single national site labour agreement was the ‘primary instrument of reform’ of industrial relations. It also found that the provision of more stable employment would be the most important step the industry could take to improve employer/employee relations and productivity, that systematic training programmes for both craftsmen and management needed to be established and that clients and contractors both needed to reappraise their management of projects and their respective roles.
These mainly called for further study of specific issues related to labour relations, attitudes and productivity. NEDO continued to try to improve performance on large sites. In NEDO (1981), it showed that on typical projects it could be possible to reduce site man-hours by 10–15% by the use of vendor works packaged units, although at extra costs in areas such as design, management and transport. Such techniques were already widely employed for North Sea projects. There followed NEDO (1982), which sought to select key performance success factors from project definition via engineering, procurement and construction to 18 The Sea of Lost Opportunity commissioning, as well to address industry-wide issues like recruitment, training, motivation, supervision and experience sharing.