BRUNEI SUBSIDIARY OF GLOBAL ENERGY COMPANY, HIBISCUS PETROLEUM, EXPANDS GEP'S AI-DRIVEN PROCUREMENT SOFTWARE TO MANAGE SOURCE TO CONTRACT AND DRIVE NEW VALUE WORLDWIDE
· Source: prnewswire.com
In short
Hibiscus EP (Brunei) B.V., a subsidiary of Hibiscus Petroleum Berhad, has selected GEP SOFTWARE to digitize and unify its entire source-to-contract process across global energy operations. The AI-powered platform will streamline sourcing, supplier management, and contract management, with deployment expected by late September 2025. This expansion builds on the company's existing use of GEP's sourcing module and aims to enhance procurement efficiency and ROI.
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In the issue of week 40, 2025: Agentic AI Accelerates Autonomous Supply Chains Amid Energy and Security Challenges
Tags: procurement, sourcing, contracts, supplier, automation, energy