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12 November 19

PIPELINE NEWS: Now there’s a third compliance service provider: Avetta

Regina– Arguably the most impactful announcement at the 2019 SIMSA Oil and Gas Supply Chain Forum in Regina on Oct. 3 was Crescent Point Energy Corp.’s adoption of a new compliance service provider, Avetta.

Most of the company’s vendors are likely already aware of the changeover in recent weeks, but for those who may not be in the loop, it’s a significant change that will impact them.

Over the past decade most oil companies in Saskatchewan have required their vendors to register with a supply chain risk management services companies, generally the duopoly of ISNetworld or Complyworks. Depending on the oil company’s requirements, it could mean submitting everything from safety programs to individuals’ training certifications online.

By landing the Crescent Point work, Avetta becomes the third significant compliance registry company to onboard oilfield service companies in southern Saskatchewan.

Read More at the Pipeline News

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