Tullow Ghana has collaborated with the Ghana Upstream Petroleum Business Academy of the Petroleum Commission of Ghana to deliver a series of training programs aimed at equipping current and future suppliers to the oil and gas industry with the requisite knowledge of supplier due diligence. .
This is the second in a series of Supplier Due Diligence trainings, designed by the Petroleum Business Academy and the Local Content Division of Tullow Ghana, to help suppliers identify industry standards in driving ethical business.
Opening the session, Petroleum Commission Local Content Director Kweku Boateng thanked Tullow Ghana for the collaboration and urged participants to take full advantage of the session to ask any relevant questions that will make them competitive and award-worthy. industry contracts.
For her part, Hannah Agbozo, Associate General Counsel and General Counsel of Tullow Ghana, highlighted the importance of supplier development and alignment with the national local content agenda as 2 key initiatives under the pillar of local capacity development of TGL’s 2021 local content strategy.
Ms Agbozo said there had been a continuous increase in the value of contracts awarded to Indigenous companies and joint ventures between 2010 and 2020, indicating that out of a total of $ 16.18 billion spent during the period, 10 , 67 billion dollars of contracts were awarded with local participation.
Tullow Ghana remains committed to conducting its business in an ethical and legal manner, and in accordance with its code of ethical conduct.
This supplier due diligence session is part of its ethics and compliance program, aimed at assessing whether suppliers have adequate compliance processes in place to ensure that they do not induce TGL to violate its own. code of conduct or any regulations; and assess the ability of suppliers to comply with TGL’s contractual requirements relating to business ethics and compliance; and work with potential suppliers with gaps in their compliance programs to implement controls that meet international business ethics and compliance standards.
Standard processes and procedures performed prior to contract award are aimed at collecting information from suppliers on anti-corruption controls, ownership and / or shareholder structure, compliance with international sanctions and trade restrictions, and human rights and working conditions within their supply chain.
It is expected that this training will provide the more than 160 participants with an overview of the supplier due diligence process, including the electronic platform interface used by suppliers to submit their responses, explain the purpose and format of the due diligence issued to suppliers, share some of the common problematic due diligence responses received by Tullow Ghana, share examples of good practice for submitting a due diligence response and provide an overview of the contractual audit clause related to the ethics of business and compliance.