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, which could be worth up to £5 million, will see Craig International’s UK office work alongside its global network on all aspects of the procurement process – from sourcing to logistics – to ensure the most cost-effective service possible.

Craig International 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.

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.”

Craig International is a division of privately-owned shipping and energy services firm, Craig Group.

Craig International has a global network of pre-qualified suppliers, over 60 experienced and qualified buyers in seven countries covering every continent, proven out-sourcing experience, recognized international accreditations and on-line procurement tools and processes.

With bases in Aberdeen, Calgary, Cape Town, Doha, Dubai, Hamburg and Houston, 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.

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