Procurement and Supply Chain/Materials Management (SCM) is an integral part of WGPSN Operation and Maintenance capability. Our proven model maximizes asset performance by focusing on two main areas: controlling and minimizing operating costs and managing and mitigating risk. This dual focus provides for central control of procurement and vendor management policies while providing the flexibility of delegating day-to-day purchasing and services provision to the individual units responsible for projects.
WGPSN uses a comprehensive Master Services Agreement (MSA) process to actively qualify and manage vendors and subcontractors.
All vendors and subcontractors operating in areas outside the US are required to comply with all local, in-country and Federal US laws and regulations including the US Foreign Corrupt Policies Act (FCPA). WGPSN has a zero tolerance policy as it relates to violations of FCPA and other applicable laws and regulations.
WGPSN has an active vendor audit and review process with the main intent of ensuring compliance to its SCM policies and to ensure the best quality goods and services are available to WGPSN managed projects.
Our Buyer Group is a critical part of the materials procurement process. Communication of specific needs is important for working closely with people involved during all stages of the process, including construction of well sites, drilling and completion of wells, and production. To maintain accurate financial information to report to our clients, this group requires keen attention to detail from start to finish, from the creation of purchase orders based on vendor contracts to the verification of invoices to work orders received. Interaction with a wide array of people, including subcontractors, supervisors, project managers and accounts payable specialists, throughout the procurement process is extremely important to a successful SCM.