ASCO has announced that it has secured a mixture of contract awards and renewals for key North Sea clients, including Nexen worth in excess of £50 million (US$69 million).
ASCO has announced that it has secured a mixture of contract awards and renewals for key North Sea clients, including Nexen worth in excess of £50 million (US$69 million).
One major North Sea operator has awarded ASCO a five-year extension to its current shorebase logistics, storage and waste management contract, operated out of ASCO's supply base in Peterhead.
In addition, ASCO has secured a two-year contract extension from another key Peterhead client, Nexen. The contract, for shorebase, storage and waste services, will see ASCO and Nexen work collaboratively on a range of initiatives to support Nexen's drive to maintain market leading, low production costs.
One major North Sea operator has awarded ASCO a five-year extension to its current shorebase logistics, storage and waste management contract, operated out of ASCO's supply base in Peterhead.
In addition, ASCO has secured a two-year contract extension from another key Peterhead client, Nexen. The contract, for shorebase, storage and waste services, will see ASCO and Nexen work collaboratively on a range of initiatives to support Nexen's drive to maintain market leading, low production costs.
ASCO's global client director, Matt Thomas, added: “Nexen's decision to extend its contract with us is testament to the strong, collaborative working relationships we have with our clients.
"The decision of two of the UK's largest operators to award us their business, without tender, marks a huge achievement for ASCO. It demonstrates the value we bring to our customers and solidifies our leading position in the UK North Sea."
Source: Pipeline ME
