We are a global management consultancy that delivers exceptional outcomes and sustainable change

We are a global management consultancy that delivers exceptional outcomes and sustainable change

White Paper

Operational Excellence

BEYOND THE ASSET: Unlocking Portfolio Value in the North Sea

2025/10/21

North Sea portfolios were built one asset at a time — and many are still run that way. The result is duplicated effort, uneven standards, weak knowledge transfer and rising risk at a time when ageing assets, tight margins and the energy transition demand more from every dollar.

This white paper sets out how operators can move beyond the single-asset mindset to an enterprise-centric model that unlocks scale, improves safety and raises availability. It shows where value leaks occur across planning, maintenance, procurement and reporting — and how to close them.

In this white paper you will learn:

  • Where single-asset thinking creates avoidable portfolio cost and risk
  • The roadmap from diagnostic to sustained performance adoption
  • How standardisation lifts availability while lowering OPEX
  • How shared services and harmonised procurement create scale value
  • How to build an integrated performance view with real-time learning
  • How MCS embeds the behaviours that make gains stick

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How We Can Help

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Turn islands of excellence into a high-performing portfolio—safely, sustainably, and profitably.

How North Sea operators can cut 10–20% OPEX and boost availability by moving beyond single-asset models to integrated portfolio management.

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