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United Kingdom : Aberdeen-based oil and lubricant company wins 2 news deals worth 800,000
Publish Date : 09-Nov-2015
An Aberdeen-based oil and lubricant company has announced that its ability to deliver savings had helped it win two new deals, one of which is worth around 800,000.
Normac Oils will supply its products to oilfield services company Archer and collective members of the North East Procurement Organisation (NEPO) under separate deals.
Normac did not disclose which particular client had stumped up the 800,000.
NEPO manages procurement for 12 local authorities in the north-east of England and various associate members in fields like construction and energy.
Normac will provide NEPO members with vehicle lubricants over a period of four years.
Speaking on the Archer deal, Normac said its commitment to keep prices fixed until the end of the year had helped it snare the business.
Reducing costs has been imperative for energy sector companies due to persistent, low oil prices.
General manager at Normac Oils, Andy Ramsay, said: "Being able to supply Archer is a major feather in our cap. The support of the maintenance engineering and supply chain team to embrace change has been admirable. Archer has demonstrated that their willingness to seek quality alternatives can produce significant cost savings. This agreement is testament that it is entirely possible for an SME and a global company to work together for mutual benefit.
Paul Henderson, Archer's UK supply chain manager, added: "We like to have a partnership approach with our key suppliers as I strongly believe this benefits both parties. Suppliers also need to have vision, and Normac Oils is clearly looking to continually expand and develop its systems and processes and that positively impacts on us."