Craig seals £35m contracts

Craig International Supplies (CIS), part of Aberdeen-based global shipping and energy services firm Craig Group, has secured contract renewals worth £35 million over the next five years.

The contracts - with Nexen Petroleum, Transocean and Chevron's operations in the United States and the North Sea - cover oilfield procurement in areas including Africa, South America and Thailand.

Dave Allan, CIS managing director, said: "These contracts reflect further confidence in the CIS business. This underlines our ability to source and supply oilfield equipment from our regional hubs around the world."