Craig International has invested in a new office in Singapore to increase its reach into the fast-growing South East Asian energy market.

The procurement specialists to the energy industry added the Singapore office to its growing list of global locations and immediately secured a five-figure sum contract with a major operator.

The presence in the capital of South East Asia will allow Craig International to tap into the region’s energy industry which is gearing up to meet rising demand.  

Initially employing two people in Singapore, the company’s service will predominantly be delivered from its Dubai office where it has access to a global network of pre-qualified suppliers and more than 100 procurement specialists, operating in more than 55 countries. 

The office in Singapore becomes the ninth for Craig International which is also present in Aberdeen, Calgary, Cape Town, Doha, Dubai, Hamburg, Houston and Muscat. 

Regional Director, Steve Gibson, said: 
“While we are already operating in South-east Asia, having an office in Singapore increases our ability to identify and capitalise on local opportunities. We’ve taken this successful approach in the Middle-east where, following the opening of our offices in Dubai, Qatar and Oman, we have seen a rapid rise in growth across that region.

“South-east Asia’s energy demand is forecast to grow by 50% by 2050. The energy transition will bring large changes to the region’s energy supply but fossil fuels will continue to play a dominant role with gas set to increase alongside an accelerated expansion of offshore renewables. 

“With our 25 years’ experience of providing out-sourced procurement that delivers major efficiencies to the energy and offshore industries, we are confident of winning new business with local companies in Singapore as well as the multi-nationals who operate in the region.”

Craig International provides digitally enabled and sustainable end-to-end procurement solutions that deliver proven efficiencies. With a turnover in excess of £150million, the company employs 150 people worldwide. At the forefront of digital procurement, with its technologically advanced platform, ebuy, and now leading the way in sustainability with ecobuy, Craig International provides a streamlined procurement environment for the complete process: ordering, sourcing, monitoring and delivery.

KeyFacts Energy Industry Directory: Craig International