ADNOC announces industry-leading initiative to drive efficiencies in its tendering process
ABU DHABI, 4th May, 2021 (WAM) The Abu Dhabi National Oil Company (ADNOC) announced today, 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.
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To say the SEC has signaled increased attention to ESG matters would be an understatement. Between February 24
th and April 12
th of this year, the SEC has posted on its website five public statements and two press releases that have a primary focus around ESG disclosures. The SEC also announced the creation of a Climate and ESG Task Force in the Division of Enforcement. The task force will include 22 members from the SEC’s headquarters, regional offices, and enforcement specialized units. Initially the task force will focus on material gaps or misstatements in issuers’ disclosure of climate risks under existing rules and will analyze disclosure and compliance issues relating to investment advisers’ and funds’ ESG strategies. Acting Deputy Director of Enforcement Kelly L. Gibson, who will lead the task force, pointed out that “Proactively addressing emerging disclosure gaps that threaten investors and the marke
ADNOC announces industry-leading initiative to drive efficiencies in its tendering process Tue 04th May 2021 | 01:15 PM
ABU DHABI, (UrduPoint / Pakistan Point News / WAM - 04th May, 2021) The Abu Dhabi National OilCompany (ADNOC) announced today, it has successfully implemented an innovative initiative to drive efficiencies in its tendering process. This programme supports ADNOCâs 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 ADNOCâs entire value chain. As a result, all of ADNOCâs 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.
Greenberg Traurig’s Mary-Olga Lovett to Speak at ABA 2021 Virtual Litigation Section Annual Conference
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Mary-Olga Lovett, Senior Vice President of global law firm Greenberg Traurig, LLP, will speak at the American Bar Association’s (ABA) 2021 Virtual Litigation Section Annual Conference to be held May 5-7.
“Year after year, the ABA Litigation Section Conference has been a leading event in the legal field,” Lovett said. “It’s an honor to have this opportunity to share this forum in such esteemed company and to discuss my life’s passion – strategy for trial, which must begin on day one.” HOUSTON (PRWEB)
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