Craig International, an oilfield procurement specialist, is expanding into the Middle East following a contract to manage a US$55mn client spend with an operator in Qatar
The five-year contract for outsourced procurement services has led Craig International – a division of privately-owned shipping and energy services firm, Craig Group – to open a base in Doha and another one in Dubai.
Craig International joint managing director Jill MacDonald 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 expats.”
She stressed on the company’s procurement and delivery capacity adding, “Given our considerable consolidated buying power, our relationship with suppliers and the efficiencies of our system, we guarantee cost-savings.”
Craig Group chairman and managing director Douglas Craig added, “This is the first venture in the Middle East for Craig International. We anticipate strong growth from overseas oilfield procurement business, even in this challenging climate.”
The company has evolved from an oilfield supply company to a provider of outsourced procurement services. These services are aimed to save time, expenditure – especially on oilfield products – for oil companies.
