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3 Ways Oil and Gas Companies In Tanzania Can Save Millions In their Current Operations

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Times are hard now. Not only in Tanzania but all over the world, oil prices drop are burning oil and gas companies. The shortest route for oil and gas operators to deal with a decline in oil price is cutting operational cost by doing the following.

  • Shut down the projects
  • Cutting staff
  • Selling assets

But guess what? there are more options that can help these oil and gas companies save millions when purchasing, valves, drilling chemicals, safety materials, pipes, fittings or any other supplies

1.Involve your employees
With your ideal procurement department, you can easily bypass the users in the field, so let’s consider you look for Pipes, instead of relying solely on your procurement department, involve and get the input from the users or engineers on the field as well, because their input on quality and prices can help you to get the right and at the good rates. Because some of your employees might have experience in pipe sector so can be resourceful in the sourcing process.
2.Give top consideration on durability of the materials
As cutting cost is your ultimate goal, so you can be tempted with Gloves or safety boats that come with great discounts. While these save short term financial challenges but result to long-term financial pain, because after a short period of time you have to order another item. And you can resolve these problems by working with reputable oilfield equipment suppliers in Tanzania.

3.Work with Local dealers
This is not only will help your meet the local content goals but save you a lot of money than sourcing oilfield equipment from international dealers that can charge you higher because of the increasing shipping costs. There a lot a manufacture of pipes, valves, and other oil and gas field supplies in Tanzania that meet international standard. So no needs to look far when you can satisfy all of your supplies needs in Tanzania while you save a huge cash.

Any questions or suggestion? If you’ve any questions or suggestions do not hesitate to write me at Hussein.boffu@tanzaniapetroleum.com and I will be glad to answer you.

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Updated: February 20, 2017 — 7:50 am
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