Annual Report 2006

 

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Presentation

Corporate Strategy

Ecopetrol’s Profile

Main Figures

Main Events 2006

Operations

Corporate Center

Our People
Purchasing and Contracting
Science and Technology
Social Responsibility

Finances

Acknowledgments

Oil Infrastructure Map

 


Corporate Center

Purchasing and Contracting

The Administrative Management put the provision model into practice at Ecopetrol to effectively satisfy the needs for goods and services required in the operation.

Achieving it required the consolidation of business strategies, the optimization of processes, improvements in performance and the development of competencies, which led to levels of savings for the organization of nearly $165 billion (US$71.73 million) in 2006, and $251 billion (US$109.13 million) over the last 3 years.

During the course of the year 2006, the area signed business deals for almost $4 trillion (US$1.82 billion) and by defining efficient provision strategies, it reduced the number of processes in the area by 20% as compared to 2005.

As a contribution to the social management of Ecopetrol, the participation of the owners of micro and small businesses in the contracting of the Middle Magdalena Regional Branch was stepped up to 43%, which equals 6% of the country. In addition, the Provider Development Agreement was signed with Emprender for the financial strengthening of local entrepreneurs in Ecopetrol’s regions of major influence; for a value of over $1.3 billion, benefiting more than 1,800 providers from the company’s production chain of interest.

In the implementation of the provision methodology, it is important to point out the development of a result- based model for chemical treatments, management before the National Customs and Tax Directorate (Dirección de Aduanas e Impuestos Nacionales - Dian) to extend customs exemptions, negotiation with drilling equipment and seismic service providers, negotiation with associated oil companies for the acquisition of pipes and the implementation of power supply business and comprehensive administrative services in transportation, food and maintenance.





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