We encourage, influence and promote the UK’s oil and gas industry to achieve MER UK and to increase Total Value Added (TVA).
UKCS operations are served by a world-class UK supply chain, with skilled jobs and a significant turnover peaking at almost £40 billion in 2013 (approximately 40% of which is generated through exports) making a sizeable contribution to the UK’s balance of trade.
While the OGA does not regulate the service sector, a strong supply chain is essential to achieve MER and increase the overall value of the sector. In pursuit of this we will continue to work collaboratively with the industry, governments and trade associations to support and develop a stronger supply chain, which can compete globally. This will involve growing exports and reducing imports while anchoring activities and expertise in the UK and further developing the UK as a centre of excellence.
A supply chain strategy has been developed which sets the framework for change and provides clear direction to achieve the best overall outcome from the UKCS.
The role of the OGA supply chain team is to promote and strengthen the supply chain and exports and focus on developing a strong and competitive UK based oil and gas sector. In addition to supporting and directing the Supply Chain & Exports Task Force, the team’s role is output focused ensuring value creation initiatives are delivered.
Operators and supply chain working together to reduce the costs of well decommissioning