The Crine (Cost Reduction for the New Era) initiative changed the economics of offshore oilfields, winkling out waste and inefficiency the length of the supply chain through shared working practices, fast-tracked pre-qualification of novel technology and a streamlined logistics and procurement philosophy. In the end, costs were pared by 40%.
For offshore wind, the story is in many ways utterly different, but there are instructive similarities too: industry unity, efficiency, profitability.
In
