- Company ‘culture’ and ethos
- Inter-company collaboration
- Collaboration with peers and regulators
- Cross-industry bench-marking
- Innovation and Cost-Efficiencies
- Sharing Best Practice
A recent report from Deloittes – based on in-depth interviews with 23 senior oil and gas executives and investors from 18 organisations – identified the next steps needed to support the Wood Review’s recommendations and the cultural shift required to achieve these, including:
Closer collaboration between companies, the Oil and Gas Authority and HM Treasury to control costs, manage risks and increase operational effectiveness.
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