Saudi Aramco receives Two Awards for Materials Supply in London

LONDON, May 30, SPA -- Saudi Aramco received two awards — the
prestigious Procurement Leader Award and the Innovation Award — from
the Procurement Leaders Network at a recent ceremony in the historic
Banqueting House in London.

The awards were accepted on behalf of Saudi Aramco by Esam A.
Mousli, Vice President of Materials Supply.

The Procurement Leader Award went to Mousli in recognition of his
achievements in managing a supply chain organization with a total
procurement value of more than $30 billion in 2008 while leading a
series of strategic initiatives designed to transform Materials
Supply from a service provider to a manager of best-in-class
supply-chain services.

The Innovation Award recognized one of Materials Supply’s key
strategic initiatives: the Electronic Contracting Network (ECN).
Phase II of the Web-based ECN and the introduction of the Virtual
Contract Room concept has transformed the way the company procures
its contracts. ECN Phase II helped reduce procurement lead time by
supplying one hub for procurement information and by optimizing and
re-engineering 60 business procedures.

The awards were presented by the Procurement Leaders Network, which
is an international, membership-led, community focused group for
executive level procurement, sourcing and supply-chain-management
professionals. It was the first time the awards had been opened to
companies outside Europe.

--SPA