The Craig Group is today launching Craig International Supplies Lda. in Angola to cement its coverage of the African market.
The oilfield procurement division of the global shipping and energy services firm is setting up the new business in Luanda to complement operations in its Cape Town office and capitalise on the growing opportunities throughout Africa.
It is anticipated that the combined forces of the two offices will achieve a 30% increase in international growth for CIS which has a total turnover of £35 million. Two fifths of this business currently comes from overseas work, delivered through its network of offices in the UK, Africa and the US.
The Angolan office, which will initially employ several local people and meet the strict local content issues, will be led by newly appointed Country Manager for Africa, Thinus Von Waltsleben who joined CIS earlier this year. With ten years experience in the West African supply business, Von Waltsleben recently led a visit to Angola to investigate the potential and increase CIS’ local content offering for clients operating in Africa.
Managing director of CIS, David Allan, said, "The opening in Angola strengthens our global network of coverage and makes sure we are where clients need us, when they need us with an enhanced procurement capability.
"Our Cape Town office, with ten years experience of operating in South and West Africa, has given us a strong platform from which to build our business in this emerging market.
"The combination of experience, expertise and commitment to quality and service, allied to the considerable financial strength of The Craig Group, provides CIS with a formidable procurement capability at competitive rates."
Craig Group managing director, Douglas Craig added, "Through this investment in Angola and other recent investments in CIS, we are reinforcing our commitment to being a world-wide leader in oilfield procurement. The Craig Group's name is already synonymous with high quality services at affordable prices and the three-fold coverage -- UK, US and Africa -- that CIS is now offering is an endorsement of our global business strategy to supply international clients, wherever they may be, from the best location."
CIS supplies oil and gas operations in the UK and Norwegian North Sea, West Africa, the Congo, South Africa, the Caspian, the United States, Far East and the Middle-east from its bases in Aberdeen, Houston and Cape Town. It provides a comprehensive range of products and services to oilfield operations and projects. From its considerable inventory and an extensive database of Quality Assured suppliers, CIS can supply the entire range of products for all seismic, drilling, exploration and production.