…Rewards Five Coys
By Henry Uche
Pinnacle Oil and Gas Limited has strengthened its partnerships with vendors in a bid to improve operational efficiency, enhance service delivery, and drive sustained excellence across its operations.
A statement from the company confirms that the company hosted its 2026 Vendors’ Forum; a strategy aimed at enhancing supplier engagement, improve operational efficiency and reinforce a culture of compliance, safety, performance and continuous improvement throughout its value chain.
With the theme, “Partnering for Operational Excellence”, and sub-theme, “Strengthening Partnerships Through Compliance, Safety, Performance and Innovation” the event brought together more than 100 existing and prospective vendors, alongside key stakeholders, both physically and virtually, to deepen collaboration and support the Company’s growth and operational efficiency.
Speaking at the event, the Managing Director/Chief Executive Officer, Adenike Labinjo, described vendors as strategic partners whose commitment to quality, safety, innovation and compliance directly impacts Pinnacle’s ability to deliver value to customers and stakeholders.
Labinjo noted that as the Company’s operations continue to expand, it is increasingly important for the company and its vendors to operate from a common understanding of expectations, responsibilities and performance standards.
She further reaffirms that safety, regulatory compliance and ethical business practices remain non-negotiable across all vendor engagements.
The forum featured presentations from senior leaders across: procurement, engineering, compliance, finance, Legal, HSE, and sales & marketing, providing vendors with practical guidance on Pinnacle’s procurement processes, onboarding and prequalification requirements, Know Your Customer (KYC) procedures, tax invoicing, payment processes, contractual obligations, technical specifications, contractor responsibilities, supplier performance expectations and service level agreements.
The sessions also highlighted improvements to the Company’s Purchase Order (PO) process aimed at enhancing efficiency and transparent. A major highlight of the event was an interactive question-and-answer session, during which vendors engaged directly with the downstream oil and gas player on procurement procedures, compliance expectations, project execution, HSE requirements and opportunities for continuous improvement.
The discourse reinforces Pinnacle’s commitment to open communication while providing vendors with valuable insights into the company’s evolving business requirements. The forum also served as a platform to recognise vendors whose outstanding performance has contributed significantly to Pinnacle’s operational success.
Five companies received Certificates of Recognition for demonstrating exceptional service delivery, innovation and partnership throughout the year.
The award recipients were: Great Grace Enterprise – Outstanding Delivery Performance; Cevets Nigeria Limited – Excellence in Project Delivery; Ceezik Projekts – Outstanding Quality; Diadco Nigeria Limited – Outstanding Responsiveness; and Sephill Innovative Solutions Ltd – Best Commercial Value.
The company maintained that the awards underscore its belief that recognising excellence promotes continuous improvement and strengthens long-term partnerships that create value across its operations.
Speaking on the significance of the forum, Oluseyi Ogunfowora, Head of Procurement & Administration, said the initiative reflects the Company’s commitment to building stronger partnerships through transparency, collaboration and shared accountability.
Ogunfowora explained that procurement serves as the coordinating function that brings together the requirements of engineering, operations, marine, compliance, legal, finance, HSE and other business units to ensure a fair, efficient and transparent procurement process.
She encouraged vendors to submit complete and compliant documentation, communicate proactively, and seek clarification whenever necessary, noting that strong partnerships are built on trust, clear communication and a shared commitment to operational excellence.
“The success of our business depends on the strength of our partnerships. When vendors clearly understand our expectations and we work together with transparency, compliance and open communication, we create a high-performing vendor ecosystem that benefits everyone” Ogunfowora assured.
(The Sun)