Oilfield procurement specialist Craig International has secured a contract with Spirit Energy, which is potentially worth £21 million ($27.4m) over seven years.
Craig International said on Thursday it had been awarded a five-year contract, with a two-year extension option, to source and supply products for maintenance, repair and operations at Spirit Energy’s onshore and offshore sites in the UK.
The contract is for the provision of third party procurement services for nine of the sub-categories including hand tools, lubricants, mechanical, lifting and HSE equipment.
Jill Macdonald, joint managing director of Craig International, commented: “In the North Sea, we are a market leader with around 75% of the market share. Having worked in this region for more than 20 years, we also have a deep knowledge of what UKCS operators require and how we can best deliver third party procurement that is time and cost efficient.
“Our innovative systems allow us to maximize efficiency and add value at every stage of the procurement process and this is why Spirit Energy has chosen us after a competitive tender exercise.”
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