The strong relationships we have built with suppliers are a significant asset to the Group. We continue to prioritise the development and protection of these partnerships as we move forward to gain market share across the world.
Our established supplier network helps to support growth. Our international network of trusted, high-quality and reliable suppliers helps us to continue to grow and evolve in line with global energy markets, supporting new methodologies for exploration, development and production.
The quality of our suppliers has an immense impact on the growth of our company. We maintain rigorous HSE standards. Suppliers’ HSE performance must at least match these standards throughout the whole contract period. They are also expected to abide by the terms set out in our Ethics and Compliance Code. Contractors are responsible for ensuring that all are informed about these terms and agree to abide by them.
If you are interested in becoming a supplier, we encourage you to register company information in the qualification systems listed below. As a part of our procurement procedure, we draw up lists of potential tender companies using these systems. Our primary sourcing method is by competitive tender.
As part of Neptune Energy’s due diligence procedures, Neptune Energy requires a potential supplier of goods and services to Neptune Energy (a “supplier”) to confirm whether or not such supplier has any links to a “sanctioned country”. A supplier is considered to have links to a sanctioned country if the supplier (i) is incorporated in a sanctioned country, or (ii) carries out business in a sanctioned country, (iii) has a director or directors who are citizens of a sanctioned country, or (iv) has a controlling shareholder which is incorporated in a sanctioned country.
By sanctioned country, we mean any country in the following list:
|Bosnia and Herzegovina||Burma/Myanmar|
|Central African Republic
|Congo (Democratic Republic of)
|Russian Federation||Serbia and Montenegro|
Suppliers are being targeted by fraudsters pretending to be from Neptune Energy, including fraudsters attempting to impersonate senior leaders. Never change a bank account or send one-off money transfers to Neptune Energy without verbally (by phone) confirming with a trusted contact at the Company.