ASCO has announced a significant contract award from Apache North Sea that builds upon a positive start to the year for the global oil and gas materials management specialist.
The new contract for the provision of shorebase and logistics services, from the firm’s Peterhead supply base extends the relationship between the companies which can be traced back to 2007.
The five-year contract, with the option of two one-year extensions, will help support the long-term sustainability of South Base where 470 people are employed.
ASCO will deliver these services using its integrated logistics management system (iLMS), which captures operational data and provides real-time reporting. Through an online customer dashboard, Apache personnel will have access to live updates of materials and vessels in addition to service and performance-related indicators.
This latest agreement follows the announcement in March that ASCO’s Peterhead operation had secured projects worth more than £50million with several oil and gas operators.
Alan Brown, group CEO at ASCO, said: “We are extremely pleased to renew our long-standing partnership with Apache and look forward to a productive relationship over the duration of this contract.
“ASCO has committed to its most significant investment in Peterhead in decades - both in improvements to the structural layout of the base and in improvements to our processes and systems. It is very important for ASCO and for the Peterhead community that we retain major clients such as Apache and that we continue to attract new clients so that we can continue to invest. We are delighted that Apache has renewed its commitment to ASCO and to Peterhead.”
Stephen Duncalf, supply chain manager at Apache North Sea, said: “Apache’s North Sea activity relies on a seamless and cost-efficient supply base operation. We are pleased to renew this important working relationship with a valued partner in ASCO and its Peterhead supply base.
ASCO also provides Apache with managed warehousing services at the company’s D2 complex in Dyce. The new award of shorebase and logistics services means that ASCO continues to offer a fully-integrated service to Apache’s North Sea operations.
ASCO provide specialist materials and equipment management from demand creation to fulfilment. By deploying lean methodology, innovative systems, and leveraging data analytics, ASCO is at the forefront of driving supply chain efficiency in the oil and gas industry. The company is headquartered in Aberdeen, Scotland and operates globally from over 70 locations worldwide, and employs over 1,500 people.
Supply base management operations are augmented by a suite of complementary services, including materials and warehouse management, waste management, decommissioning, transport and logistics, training, personnel provision, fuel services and marine management. ASCO also delivers a range of specialist technical and advisory services in marine, materials and inventory and lifting operations. Operations are delivered using world class technology via our proprietary integrated Logistics Management System (iLMS). ASCO is owned by DH Equity Partners and ASCO Management. To find out more, visit www.ascoworld.com