Craig International has received a five-year procurement contract worth £5m from Premier Oil.
Under the contract, Craig International will be responsible for maintenance and repair operations in the Premier Oil’s UK North Sea assets for five years.
The company's UK team will work with its global network to oversee all aspects of the procurement process and provide the most cost-effective service possible.
Craig International claimed that its range of innovative e-commerce ideas and efficiencies has made it possible to win the tender.
Craig International joint managing director Steve McHardy said: “We’ve built a strong relationship with Premier Oil and securing this contract recognises 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.”
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Craig International is a division of Craig Group, a private-owned shipping and energy services firm.
The company has bases in Aberdeen, Calgary, Hamburg, Houston, Cape Town, Doha and Dubai, along with its global network of pre-qualified suppliers.
Initially an oilfield supplies company, Craig International has evolved into a outsourced procurement services provider to help oil companies save time and resources.
Image: Craig International receives contract from Premier Oil. Photo: courtesy of Craig International.