ASCO Norway has been awarded a contract for total supply base services with Lundin Norway for all their activities in the Barents Sea. All activities will be handled by ASCO's Hammerfest base in Northern Norway, with a contract period of 4 x 2 years.
CEO of ASCO Norway, Runar Hatletvedt said, "It is of major importance for ASCO Norge AS that Lundin has awarded us this contract for handling all their supply base services for the Barents Sea. This contract will be the basis for our further growth and development in the Northern parts of Norway".
ASCO Norge started their operation in Hammerfest in 2016 after being awarded a contract with OMV and has handled all supply base services for Lundin Norway related to the activities in the North Sea since 2013, operated from ASCO's Risavika base in Tananger.
ASCO, which celebrates its landmark 50th anniversary in 2017, is the leading supply base operator to the global oil and gas industry. Working primarily with IOCs, E&P companies and major contractors, the company is headquartered in Aberdeen, Scotland and operates from 17 bases in seven countries, and employs 1,700 people. Supply base management operations are augmented by a suite of complimentary 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, warehouse and inventory and lifting operations. Operations are delivered using world class technology via the proprietary integrated Logistics Management System (iLMS). ASCO is owned by DH Private Equity Partners and ASCO Management.