ASCO Secures Four Contracts Worth GBP30 Million In UK North Sea

Published: 10-Sep-2009

ASCO Group Ltd (ASCO), an oil and gas logistics company, has been awarded four contracts worth a combined value of about GBP30 million to provide logistics services to ExxonMobil North Sea LLC (ExxonMobil), Total E&P UK Ltd (Total), Chevron North Sea Limited (Chevron), and Nippon Exploration and Production UK Ltd. (Nippon). The contracts, two of which are for five years, one for three years and one for one well respectively, have an option to extend further.

The scope of the first contract include providing a fully managed logistics service for all of ExxonMobil’s UK assets including marine, quayside and warehouse operations as well as freight forwarding services. The second contract is for providing warehouse, yard and quayside logistics services for Total. Third contract includes providing of shorebase services and related support services to Chevron for their UK offshore activities associated with drilling, production and logistics operations and fourth contract is for provision of shorebase and marine support services in support of Nippon’s drilling operations in UKCS.

The service will primarily be provided from Mearn’s Quay in Aberdeen.

“The award of these contracts demonstrates our continued focus on providing an efficient, safe integrated logistics service that adds value to our customers’ business in the challenging arena of the North Sea. We’re very pleased to have developed long standing relationships with ExxonMobil and Total; the renewals mean that we can further evolve our services to meet their current and future operational requirements. It is an accolade to the experience and proficiency of the ASCO team throughout the UK that we are able to welcome new clients in Chevron North Sea Limited and Nippon Oil Exploration and Production UK while operating in a difficult climate.” said Walter Robertson, ASCO’s European managing director.

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