![Chemical plant illuminated in the evening, next to a row of electricity pylons.](https://www.woodmac.com/siteassets/frontify_media_download/photography/refining-and-oil-products/_micro/micro_refining_gettyimages-1070498446.jpg?w=800&h=400&mode=crop¢er=0.5,0.5)
Supply chain solutions for exploration and production companies
Identify and execute on cost savings, performance improvement, operational efficiency and risk management opportunities across your organisation
![Refinery plant area at twilight with reflection in river](https://www.woodmac.com/siteassets/frontify_media_download/photography/refining-and-oil-products/_micro/micro_refining_gettyimages-516575872.jpg?mode=crop¢er=0.5,0.5)
Unlock value
We use thousands of cost models, indices and qualitative market reports to identify risks and opportunities for you. Our data-driven supplier negotiations ensure you achieve significant savings. And by leveraging our understanding of cost compositions and tracking market fluctuations, we improve cost visibility to unlock business value.
![Four LNG storage tanks, reflecting in the body of water they stand at.](https://www.woodmac.com/siteassets/frontify_media_download/photography/refining-and-oil-products/_micro/micro_refining_gettyimages-498949636.jpg?mode=crop¢er=0.5,0.5)
Precise spend management
We enhance your understanding of your spending leverage with suppliers and offer insight into your entire supply chain expenditure to pinpoint value leakage and improve performance. We focus on the right areas of opportunity for you and ensure price variance is reduced across your full supply chain.
![World Economic Recession of Oil business invest theme and Gas Industrial Sector From Coronavirus Covid-19, Global Stock Investment Downturn of Fuel Energy Oil/Gas Industry. Corona Virus Epidemic Crisis, Financial Economy](https://www.woodmac.com/siteassets/frontify_media_download/photography/refining-and-oil-products/_micro/micro_refining_gettyimages-1272821071.jpg?mode=crop¢er=0.5,0.5)
Evaluate competitiveness
Our Supply Chain Intelligence platform allows you to invite vendors from our vast energy supplier database to hosted online bid events. This process facilitates the precise evaluation of products, facility locations, competitors, and contact details. Our solution ensures you have faster timelines and reduced costs.
![A large industrial plant at sunset.](https://www.woodmac.com/siteassets/frontify_media_download/photography/power/micro_power/micro_power_shutterstock_599557121.jpg?mode=crop¢er=0.5,0.5)
Market Intelligence
We forecast future project expenses by considering all anticipated factors and analyse various project setups to identify cost differences. Our insights empower your procurement decisions, maximising savings and efficiency through comprehensive data analysis and scenario testing.
Why do exploration and production companies use our Supply Chain Intelligence platform?
![](https://www.woodmac.com/siteassets/frontify_media_download/icons/128-px-icons/icon-performance-increase-128px.png?h=112&mode=crop¢er=0.5,0.5)
To understand core market drivers
![](https://www.woodmac.com/siteassets/frontify_media_download/icons/128-px-icons/icon-search-1-128px.png?h=112&mode=crop¢er=0.5,0.5)
To improve insight through data visibility
![](https://www.woodmac.com/siteassets/frontify_media_download/icons/128-px-icons/icon-legal-scale-1-128px.png?h=112&mode=crop¢er=0.5,0.5)
To mitigate risk
![](https://www.woodmac.com/siteassets/frontify_media_download/icons/128-px-icons/icon-currency-dollar-circle-128px.png?h=112&mode=crop¢er=0.5,0.5)
To improve market cost competitiveness
![](https://www.woodmac.com/siteassets/frontify_media_download/icons/128-px-icons/icon-like-1-128px.png?h=112&mode=crop¢er=0.5,0.5)