Oilfield services firm Craig International has won a North Sea contract worth around £20million with BP.
An Aberdeen firm delivering vital services and supplies to the global offshore oil and gas industry said yesterday a new contract with Spirit Energy could be worth £21 million over seven years.
Representing the fourth generation of his family to sit on the Craig International board, Steven Craig joins the upper deck of the oil and gas procurement firm.
The Middle East oil and gas arm of Craig International has announced Steve Gibson as country manager for the region.
Craig International and Well-Centric both announced contracts with UK North Sea newcomer Chrysaor yesterday.
Oil and gas procurement company Craig International has clinched a contract with Chrysaor worth at least £1million.
Craig Group, of Aberdeen, said yesterday it had won a five-year contract worth up to £5million with Premier Oil in the North Sea.
Craig International has signed a global agreement with Anglo-Dutch supermajor Shell to resell unused equipment.
Global oilfield procurement firm Craig International is today launching a new online platform to help companies buy and sell spare equipment at knock-down prices. Craig International, part of Aberdeen-headquartered energy service and shipping business Craig Group, said oil and gas companies have billions of pounds worth of stock gathering dust and racking up storage costs in warehouses. At the same time, companies are needlessly buying new equipment when it would be cheaper and more efficient to purchase used gear from their counterparts.
A global oil field procurement firm headquartered in Aberdeen said yesterday it had opened its first Middle-East bases after tying up a deal to manage a Qatari operator’s budget. Craig International, part of family-owned energy service and shipping company Craig Group, will be handed about £7.5million every year for five years to provide the operator with a range of procurement services. Craig International, which has a network of more than 60 buyers in six countries, did not disclose the name of the client.
Oil company buyers spend 85% of their time managing only 15% of their spend according to a new survey carried out by Aberdeen-based Craig Interational.