Norway's Equinor purchased goods and services worth 141.7 billion Norwegian kroner (NOK) ($16.6 billion) from more than 9,000 suppliers globally in 2018, the company stated Thursday.
The company said that NOK 95.2 billion of this went to suppliers with a Norwegian billing address, representing 67 percent of total purchases.
'A competitive supply industry is highly important for the Norwegian continental shelf (NCS) and Equinor. Over the last year the Norwegian content of our total procurements has increased from 61 percent to 67 percent,' said Peggy Krantz-Underland, Equinor’s chief procurement officer.
Equinor’s total procurements declined from NOK 144.4 billion in 2017 to NOK 141.7 billion in 2018, although the company increased its purchases from Norwegian suppliers by NOK 6.5 billion over the same period, from NOK 88.7 billion to NOK 95.2 billion.
'All contributors are important to achieve a successful result, be it local, national or international suppliers. We will work even closer with good suppliers to simplify, standardize and digitalize. This way we, together, can find win-win solutions and at the same time achieve a lower cost level,' said Anders Opedal, Equinor’s executive vice president for technology, projects and drilling.
(US$1= NOK 8.62)
By Murat Temizer
Anadolu Agency
energy@aa.com.tr