Economic Report 2018

ECONOMIC REPORT 2018

Figure 18: Vision 2035 – Doubling the Opportunity for the UK Supply Chain

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£500 billion

35

30

25

20

£350 billion

15

10

Baseline Supply Chain Turnover from Exports

5

Vision Supply Chain Turnover from Exports

Revenue from Exports (£ Billion - 2016 Money)

0

2015

2020

2025

2030

2035

Source: OGA

In order to realise this ambition, it is important that the supply chain is well supported. There are a number of organisations well placed to assist company growth, and they will be key to meeting the aspirations set out in Vision 2035. Oil & Gas UK – The Oil & Gas UK Supply Chain Hub has been developed as industry’s gateway to initiatives that promote and maintain a strong and competitive UK oil and gas supply chain. The Hub provides access to organisations that are working to strengthen and improve the sustainability of the supply chain; supports local, national and global competitiveness; and ensures that activities and expertise are anchored in the UK. www.oilandgasuk.co.uk/supply-chain-hub Scottish Development International (SDI) – A partnership between Scottish Enterprise, Scottish Government and Highlands and Islands Enterprise, SDI helps Scottish oil and gas companies to win overseas business as well as attracting inward investment. www.sdi.co.uk

Department for International Trade (DIT) – DIT helps UK companies win more business internationally, through assisting companies in:

• Increasing their presence in overseas markets • Overcoming difficulties getting into markets • Developing supply chain opportunities • Partnering internationally in technology innovation www.gov.uk/government/collections/oil-and-gas-sector-export-help

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