The department provides management support and in depth analysis of yearly spend and forward looking budgetary information, ensuring that the ongoing planning of projects and exploration is managed in a financially efficient and transparent manner.
This is followed up with conscientious expediting and inspection functions, both internationally and locally, working with the company’s suppliers to produce a quality and cost effective product that will serve the requirements of the company and deliver value across the life of the fields.
The procurement department has a monthly spend of approximately 1,500,000.00 USD, producing about 25 purchase orders per month. The main categories are OCTG, Pumping Equipment and Major Construction items. These categories can be broken down into various large ticket items such as casing, down hole pumping equipment and electrical power distribution equipment. The contracting department provides the various support services and requirements required to commission, install, maintain and operated the various technical functions of the oil fields.
The contracting and procurement departments work within the various policies and regulations, hand in hand with the company’s stakeholders, management and regulatory bodies to ensure efficient and cost effective sourcing of goods and materials. The delivery of this vital lifeblood of the company is a collaborative effort by all departments and staff, and reaches to all corners of the company. The delivery of the outcomes of the department is greater than the sum of its parts.