Core Insights - MODEC has secured a full engineering, procurement, construction, and installation (EPCI) contract for a floating production, storage, and offloading (FPSO) vessel for the Hammerhead development, with project start-up anticipated in 2029 pending government approvals [1][6] - The first phase of the contract, focusing on front-end engineering and design (FEED), has been completed, and MODEC is now progressing to the full EPCI phase [2] - The FPSO is expected to have an initial average production capacity of 150,000 barrels of oil per day (bopd) and will be moored in approximately 1,025 meters of water [4][5] Company and Project Details - MODEC's strategic relationship with ExxonMobil Guyana is highlighted, emphasizing the collaboration's potential to create lasting value throughout the project lifecycle [4] - The Hammerhead project represents the seventh development in Guyana's Stabroek block, with ExxonMobil holding a 45% interest, while Hess Guyana Exploration and CNOOC Petroleum Guyana hold 30% and 25% stakes, respectively [6] - This FPSO will be MODEC's second unit in Guyana, following the Errea Wittu unit, which is currently under construction for the Uaru development [5]

Switzerland named a veteran military officer as armed forces chief, tasked with tackling controversies and procurement issues left by his predecessor https://t.co/DNmNImcHII ...

Group 1 - The core viewpoint is that CFOs are increasingly expected to take on responsibilities beyond traditional finance roles, including enterprise data and analytics, risk management, corporate strategy, M&A, and procurement [3][4] - The transformation of the CFO role is driven by three main forces: technology, turbulence, and new stakeholder demands [4] - CFOs are becoming "tech translators," collaborating with other executives to ensure technology investments align with business outcomes [5] Group 2 - A survey by Datarails indicates that 97% of executives view the finance department primarily as a cost-limiting entity, with only 18% feeling that finance considers their strategic needs [6] - The concept of finance business partnering is seen as a way to transform the CFO's office from a cost center to a profit center, but communication and strategic alignment issues persist [6]

Procurement Opportunities - A new open call for tenders related to building maintenance and works, health and safety services has been announced [1] - The location for the tender is Paris, France [1] - The deadline to submit an offer is September 18, 2025 at 15:00 [1] Budget Information - The budget allocated for this procurement is €1010000 (1010 thousand euros) [1]

Core Insights - Levelpath is revolutionizing the $7.3 billion procurement software market by making procurement as easy as ordering food on a mobile app [1] - The company recently completed a $55 million Series B funding round, aiming to quadruple its revenue post-funding [2] Company Strategy - Levelpath's strategy focuses on enhancing the procurement interaction experience rather than replacing existing platforms like Coupa or SAP Ariba [2] - The company plans to start with indirect procurement, providing ready-made templates and a mobile platform for quick value realization, before expanding to more complex direct procurement [2] User Experience - Levelpath emphasizes the importance of design and user satisfaction, aiming to provide a consumer-like experience in the B2B sector [3] - The platform is designed to be mobile-first and user-friendly, allowing employees to easily participate in the procurement process [6][10] Technology and Features - Levelpath's AI engine, Hyperbridge, transforms procurement interactions and decision-making by managing supplier data and automating processes [8][10] - The platform integrates with existing ERP systems, providing a comprehensive view of procurement activities and enabling real-time data access [10][11] Business Model and Market Validation - Levelpath operates on a subscription-based model, ensuring quick ROI for clients through value validation with benchmark customers [15] - Successful pilot projects have demonstrated significant cost savings and efficiency improvements for clients, such as a 200% ROI within six weeks for Treehouse Foods [16] Industry Recognition and Future Plans - Levelpath has gained recognition across various industries, including biotech and e-commerce, and has been included in Gartner's 2024 maturity curve and IVP AI 55 list [16] - The company plans to invest in AI research and mobile expansion, with future developments including an "AI Front Door" chat interface and enhanced ERP integration [16]