Oilfield procurement specialist, Craig International, is fast-tracking its expansion into the Middle-east following the award of a contract to manage a US$55 million client spend with a major operator in Qatar.
The five-year contract for out-sourced procurement services has led Craig International to open a base in Doha and another in Dubai. The offices will initially employ nine people with more planned as the company expands its business in the region.
Jill MacDonald, joint managing director of Craig International said: “This prestigious contract has allowed us to bring forward our plans for the Middle-east, a region we have been eyeing for some time. We have worked hard in the last few months to find and move into suitable premises and employ qualified people, both nationals and ex-pats.
“By out-sourcing the management of procuring oilfield products and services, our client will benefit from major cost-savings and greater efficiencies. At Craig International, we can procure virtually anything, from any source, and deliver it on time, wherever it’s needed. And given our considerable consolidated buying power, our relationship with suppliers and the efficiencies of our system, we guarantee cost-savings.”
Craig International has a global network of pre-qualified suppliers, over 60 experienced and qualified buyers in six countries covering every continent, proven out-sourcing experience, recognised international accreditations and on-line procurement tools and processes.
With bases in Houston, Calgary, Cape Town, Warsaw and Hamburg, Craig International provides a truly global service. The company has evolved from an oilfield supply company to a provider of out-sourced procurement services. These services are resulting in major savings for oil companies in time and resources, combined with considerable savings on spend on oilfield products.
Craig International is a division of privately-owned shipping and energy services firm, Craig Group.
Douglas Craig, chairman and managing director of Craig Group added: “This is the first venture in the Middle-east for Craig International and, combined with its extensive operations in Europe and North America, significantly widens its global reach. We anticipate strong growth from overseas oilfield procurement business as a result, even in this challenging climate.”
Adapted from a press release by David Bizley
Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/20012016/craig-international-opens-new-offices-in-the-middle-east/