North Sea trends typify industry's worldwide adjustment to change

In response to rapid industry changes, oil companies are employing new practices and entering new relationships. In the U.K. North Sea's Britannia field, Conoco (U.K.) Ltd. and Chevron (U.K.) Ltd. share duties of field operator in the region's first such business arrangement. Here, the Neddrill 6 semisubmersible drills a Britannia appraisal well. This report tells how companies are using teamwork and other techniques to derive maximum value from their assets and technologies