At the recent Offshore Technology Conference (OTC) in Houston, Texas, Craig International launched a win-win platform to help oil and gas companies off-load surplus stock and buy products and equipment they need at competitive prices.
Craig Collaboration connects companies looking to sell stock with those looking to buy. Oil and gas companies around the world have billions of pounds of surplus stock, much of it sitting in costly storage and Craig Collaboration will allow them to realize value from this.
A radical shift in procurement in the industry, Craig Collaboration represents a major investment by Craig International in an immediate, collaborative solution towards increasing efficiency. It is already gathering momentum with several major exploration and production companies expected to start using it following the launch.