Craig International Supplies Wins Three Year Contract with BG in North Sea

Business & Finance

Craig International Supplies Wins Three Year Contract with BG in North Sea

Craig International Supplies (CIS), a division of global shipping and energy services firm Craig Group, has secured a multi-million pound contract with a major oil and gas operator.

The oilfield procurement services company has been awarded a three year contract with BG in the North Sea worth between £3m and £4m.

Under the contract, CIS will procure a wide range of oilfield consumables and tools and provide procurement services, ensuring necessary supplies are delivered on time and on budget to BG’s assets in the UKCS.

CIS director, Steve McHardy, said: “This new contract win cements our position as the largest privately owned European procurement company operating in the oil and gas industry. It is of particular significance as our growth strategy is focused on increasing our global presence and securing new business with high profile international oil and gas organisations.”

CIS, which operates globally, has reported record sales in 2012. With a turnover of £37million, the company provides an extensive range of products and services to the global energy industry and has a buying power approaching £3million per month. As a result it passes on significant savings to its customers, creating a competitive advantage.

Its state of the art e-procurement service, Ebuy, which provides clients with a bespoke online ordering service available anywhere in the world, has also helped drive new business since its launch in 2011.

With bases in Aberdeen, Cape Town and Houston, CIS is well placed to provide complete global coverage to an international client base.

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Source: Craig, July 19, 2012