Shell inks equipment resale deal with Craig

Feb. 22, 2017
Craig International has signed a global agreement with Shell to provide services for equipment stock resale.

Offshore staff

ABERDEEN, UKCraig International has signed a global agreement with Shell to provide services for equipment stock resale. 

The oilfield procurement specialist launchedCraig Collaboration last May. Its stated aim is to “provide companies with the opportunity to reduce wastage and duplication, recoup financial outlay, and sell unwanted items which are often sitting in storage.” It intends to connects companies looking to sell spare equipment with those looking to buy.

Jill MacDonald, joint managing director of Craig International, said: “There is a lot of equipment going unused in the oil and gas industry and it makes sense from a business and environmental point of view to reuse it.

“We have developed a system that leads the way in improving efficiency right across the supply chain in the oil and gas industry. Rather than waiting for things to improve, Craig International is delivering inventive approaches and investing in products that make life easier and provide value for clients.”

As well as the ability to buy and sell equipment stock, a further function of the Craig Collaboration approach is that it allows businesses to use the platform as an inventory controller.

“Our system will flag if a customer is looking for a piece of kit in Aberdeen which their Dubai business has available,” said MacDonald. “This eliminates waste and means customers can be fully confident that they are getting best value for their money.

“The system we have developed is unique in its capacity to service the equipment buying and selling requirements of the entire oil and gas industry. Any company can sign up and their surplus equipment will be offered to buyers globally with whom we are in contact regularly.”

Craig Collaboration said it also provides sellers with an analysis of the interest expressed on their surplus equipment, allowing clients to make an informed decision on whether or not to dispose of it.