Equatorial Guinea

Since 2010, MEGPL has spent approximately U.S. $1.22 billion with Equatoguinean suppliers. In 2022, 78% of our expenditures for contract services and 16% of material purchases were awarded to locally owned contractors. To increase local purchasing, we’ve organized engagement programs and training sessions for local suppliers, and we improved our bidding process to provide local material suppliers with increased opportunities to supply a greater portion of frequently purchased items.

Our supply chain staff shares upcoming commercial opportunities and a refresher on our procurement process in interactive sessions with local suppliers and the Ministry of Mines and Hydrocarbons National Content Director. We continue to work with the EG National Alliance of Hydrocarbons Services Company in presentations, seminars and workshops to understand and help find solutions to local suppliers’ challenges.

MEGPL, EG LNG and AMPCO continue to collaborate through the Punta Europa National Content Committee to help local businesses throughout the procurement process. The committee offers a simplified new vendor set-up process across the three companies, promotes local provider engagement and reviews strategies to increase the participation of Equatoguinean suppliers.