Oilfield procurement specialist Craig International said it has been awarded its first contract with Petrofac in the UK.
The company will provide third party procurement services and supply general oilfield products to support Petrofac’s offshore operations in the North Sea. The contract is for three years with an option to extend for a further two years.
For Craig International, this latest win comes on the back of two major contracts with Spirit Energy and BP. Craig International said it has secured £50 million of new contracts in the first half of 2019.
Steve McHardy, joint managing director of Craig International, said the company has grown its regional market share year on year and now holds around 75% of the UKCS market.