Brunei Subsidiary of Global Energy Company Hibiscus Petroleum Expands GEP’s AI-Driven Procurement Software To Manage Source-To-Contract and Drive New Value Worldwide

• The fast-growing oil & gas exploration and production company will leverage GEP’s platform to digitize sourcing, and supplier and contract management across its global energy operations.

Clark, N.J., Sept. 29, 2025 – GEP^®, a leading provider of procurement and supply chain strategy, software and managed services to Fortune 500 and Global 2000 enterprises worldwide, today announced Hibiscus EP (Brunei) B.V. (HEB), a wholly owned subsidiary of Malaysia-listed Hibiscus Petroleum Berhad, has selected GEP SOFTWARE™ to digitize and unify its entire source-to-contract (S2C) process, encompassing sourcing, supplier management and contract management.

Hibiscus Petroleum Berhad, headquartered in Kuala Lumpur, operates across Southeast Asia, the U.K. and Australia, with a focus on monetizing producing oilfields and enhancing value from offshore assets. To streamline and automate its upstream procurement operations, HEB selected GEP SOFTWARE to establish a single, AI-powered platform for sourcing, and supplier and contract management. Leveraging GEP’s prior experience with Hibiscus Petroleum Berhad, which already uses GEP’s sourcing module, the Brunei operation will accelerate deployment and integration with its existing ERP environment. The new system is expected to go live by late September 2025.

GEP SOFTWARE, recently named a Leader in the 2025 Magic Quadrant for Source-to-Pay (S2P) Suites, encompasses GEP SMART^TM, the world’s best procurement software, GEP NEXXE^TM, the next-generation cloud-native supply chain unified platform, and GEP GREEN^TM to measure and advance sustainability. GEP SOFTWARE is powered by GEP QUANTUM, the industry's leading AI-first, low-code platform. It enables clients to drive optimum efficiency, agility, visibility and actionable intelligence into all procurement, purchasing and supply chain functions while eliminating burdensome infrastructure and support costs to achieve maximum ROI.

About GEP SOFTWARE™

GEP SOFTWARE provides AI-powered digital procurement and supply chain platforms that help global enterprises become more agile, resilient, competitive and profitable. With beautifully rendered interfaces and flexible workflows, GEP provides users fresh, intuitive digital workspaces that yield extraordinary levels of user adoption and meaningful gains in team and personal productivity. GEP products leverage machine learning and cognitive computing, advanced data and semantic technologies, IoT, mobile, and cloud technologies, and are designed to incorporate continuous innovations in technology. GEP’s software integrates quickly and easily with third-party and legacy systems, including SAP, Oracle, and other major ERP and F&A software. And with superb support and service, GEP is an industry leader in customer satisfaction and loyalty. GEP’s cloud-native software and digital business platforms consistently win awards and recognition from industry analysts, research firms and media outlets, including Forrester, IDC, Procurement Leaders and Spend Matters. GEP SOFTWARE is part of Clark, NJ-based GEP — the world’s leading provider of AI-powered procurement and supply chain software, strategy and managed services. To learn more, visit www.gepsoftware.com.

Media Contact

Derek Creevey
Director, Public Relations
GEP
Phone: +1 732-382-6565
Email: derek.creevey@gep.com