Craig International has signed a five-year procurement contract for all Premier Oil’s maintenance and repair operations in the UK North Sea. The contract could be with worth up to £5 million.
Jill MacDonald, joint managing director of Craig International, said: “We’ve built a strong relationship with Premier Oil and securing this contract recognizes the value outsourced procurement can bring to a project. Our approach gives clients a variety of options to meet their requirements and suit their budgets.”
In a statement on Wednesday, Craig International said it won the competitive retender due to the company’s “range of innovative e-commerce ideas and driven efficiencies which provide added value to the client.”
Craig International, is a division of privately-owned shipping and energy services firm, Craig Group. The company has bases in Aberdeen, Calgary, Cape Town, Doha, Dubai, Hamburg and Houston.
The company says for itself that it has evolved from an oilfield supply company to a provider of out-sourced procurement services, which are resulting in “major savings for oil companies in time and resources, combined with considerable savings on spend on oilfield products.”