Adnoc launches innovative programme – GulfToday

  • Date: 08-May-2021
  • Source: Gulf Today
  • Sector:Oil & Gas
  • Country:UAE
  • Who else needs to know?

Adnoc launches innovative programme – GulfToday

The Adnoc headquarters in Abu Dhabi. WAM





The Abu Dhabi National Oil Company (Adnoc) announced recently that it has successfully implemented an innovative initiative to drive efficiencies in its tendering process. This programme supports Adnoc’s ongoing efforts to enhance its approach to procurement and maximise value for Adnoc and its community of suppliers and service providers.



The programme standardises the terms and conditions for the procurement of drilling and oilfield goods and services across Adnoc’s entire value chain. As a result, all of Adnoc’s pre-qualified bidders are now subject to the same terms and conditions in competitive tendering, reducing the timeline for legal negotiations from months to weeks.



To deliver this first of its kind strategic initiative, Adnoc’s Legal Function, supported by its Upstream and Commercial & In-Country Value Directorates, developed global and oil and gas industry standard best practice terms and conditions for drilling and oilfield