Greater Standardization Key Offshore Collaboration Opportunity

April 19, 2011

Athens Group published the first set of results, focused on industry collaboration and safety-related Non-Productive Time (NPT), from “The State of NPT on High-Specification Offshore Assets: Third Annual International Benchmarking Report.” Highlights from the report include: Drilling Contractors and Operators believe industry collaboration has resulted in safety training progress (84%), and identified the following as top opportunities for industry collaboration: standardization of equipment interfaces (74%); industry wide adoption and greater oversight of software quality processes (65%); and the implementation and reporting of an industry standard calculation of NPT (61%). 
The information in this third annual international benchmarking report is based on survey responses from Drilling Contractors and Operators. The survey was designed to help respondents reduce NPT on late-generation assets by answering these questions related to industry collaboration efforts to reduce NPT and improve safety: Where was progress made in 2010? What are the barriers to industry collaboration efforts to reduce costs and increase safety? What are the greatest opportunities going forward? What are the hidden causes of, and opportunities to reduce, NPT?
The seconds set of survey results in this series will be released in May and will focus on NPT metrics and company-level reduction initiatives.
Download the free report at: www.athensgroup.com

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