Hibiscus Petroleum’s Brunei arm is using AI to improve its supply chain. The company has partnered with Malaysia’s GIBS to implement the GIBS Aladdin platform, thereby streamlining procurement processes for better efficiency and transparency.
AI-Powered Platform Boosts Efficiency in AI global sourcing
Hibiscus Petroleum’s subsidiary, Hibiscus Petroleum (Brunei) Ltd, is adopting an AI-powered platform to enhance its supply chain. The company has partnered with Malaysia’s GIBS to implement the GIBS Aladdin platform, which will streamline Hibiscus’ procurement process to improve efficiency and transparency.
Hibiscus Petroleum Brunei enhances supply chain with the AI-powered GIBS Aladdin platform for improved efficiency and transparency.
The GIBS Aladdin platform will provide Hibiscus Petroleum with a centralised procurement system, thereby enabling the company to manage its supply chain more effectively. The platform’s AI capabilities will allow Hibiscus to automate key processes such as supplier selection, contract management, and order tracking. This will reduce the time and effort required to manage procurement, allowing the company to focus on its core operations. For companies looking to optimize their Manufacturing Process, AI-driven solutions like this can be transformative.
Enhanced Visibility and Control with AI global sourcing
The GIBS Aladdin platform will also provide Hibiscus Petroleum with greater visibility into its supply chain. The platform’s real-time tracking and reporting features will allow the company to monitor the status of orders and shipments, ensuring that materials and equipment are delivered on time. This will help Hibiscus Petroleum avoid delays and disruptions in its operations, which can be costly in the oil and gas industry.
In addition to improving efficiency, the GIBS Aladdin platform will help Hibiscus Petroleum enhance transparency in its procurement process. The platform’s advanced analytics features will enable the company to track key performance indicators and identify areas for improvement. This will allow Hibiscus Petroleum to make data-driven decisions to optimise its supply chain and reduce costs. Understanding the Basics of Manufacturing helps appreciate the impact of such optimizations.
The partnership with GIBS highlights Hibiscus Petroleum’s commitment to leveraging technology to improve its operations. By adopting the GIBS Aladdin platform, the company is taking a proactive approach to managing its supply chain, which is critical to its success in the oil and gas industry.
Hibiscus Petroleum’s Strategic Focus on AI global sourcing
Hibiscus Petroleum is a Malaysian independent oil and gas exploration and production company. The company has a strong focus on upstream activities, including the development and production of oil and gas fields. Hibiscus Petroleum has a diversified portfolio of assets in Malaysia, the United Kingdom, Australia, and Vietnam.
The company has been actively expanding its presence in Brunei, which is known for its rich oil and gas reserves. By enhancing its supply chain with the GIBS Aladdin platform, Hibiscus Petroleum is positioning itself to take advantage of new opportunities in the region. This strategic move aligns with Brunei’s broader vision for its energy sector, as the nation aims to enhance its renewable energy capacity, including projects like the 30 MW solar power plant in Kampung Sungai Akar.
The oil and gas industry is highly competitive, and companies must constantly find ways to improve their operations and reduce costs. By implementing the GIBS Aladdin platform, Hibiscus Petroleum is setting itself apart from its competitors. Efficient management of Raw Materials and optimized use of Manufacturing Machines are crucial in maintaining a competitive edge.
The partnership with GIBS is also a testament to the growing importance of technology in the oil and gas industry. With the GIBS Aladdin platform, Hibiscus Petroleum is well-positioned to meet the challenges of the future and continue its growth in the global oil and gas market. Companies interested in understanding the investment required for similar implementations can explore resources detailing Plant Cost Breakdown.
Hibiscus EP (Brunei) B.V. (HEB), the Brunei subsidiary of Hibiscus Petroleum Berhad, is enhancing its global sourcing by expanding the use of GEP’s AI-driven procurement software to digitize and unify its entire source-to-contract process, including sourcing, supplier management, and contract management. This AI-powered platform aims to streamline and automate upstream procurement operations across its global energy activities, driving new value worldwide. The system is integrated with HEB’s existing ERP environment and was expected to go live by late September 2025.
