Purchasing Practices
Individuals making purchasing decisions for goods and services on behalf of Marathon Oil must always act in the best interests of Marathon Oil.
Integrity means:
- Avoid Conflicts of Interest, such as entering into agreements with family members or friends.
- Do not accept anything of value from an actual or potential third party that could create an obligation or an undue influence, or even give the appearance of doing so.
- Use a documented competitive bid process where appropriate to make supplier selection objective and based only on the best commercial and technical outcome for Marathon Oil.
- Verify the quality of products and services.
- Follow required due diligence processes, including confirming the legal and financial condition of the potential supplier.
- Properly document all purchasing agreements.
Resources
- Certain Resources require logging into the Marathon Oil Network.
You may be interested in reviewing Bribery and Corruption, International Trade Compliance and Receiving Items of Value from Third Parties. You also have several options to ask a question or raise a concern.
