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ASCO lands major contract wins in Trinidad

ASCO has been the leading supply base and logistics provider in Trinidad for close to twenty years.

In 2019 we strengthened our platform for sustainable regional growth by securing two significant new contracts. The first is a long-term contract to support Shell's Drilling and Production activity, encompassing fully integrated supply base, logistics and materials management services.

In addition, we have secured a contract to provide full logistics support to a leading oil and gas exploration and production company for a campaign in Suriname, this contract will be supported from our facilities in Chaguaramas.

These two new scopes of work are in parallel to our existing Drilling and Production support contract with BHP Billiton.

Runar Hatlevedt, International Managing Director at ASCO, commented:

"We are very proud to have the opportunity to work with three of the largest international Operators in the northeastern coast of South America. As we continue to grow our business globally forming strong partnerships, across multiple international locations, with companies of this stature is core to our long-term strategy.

"The local team, led by Neil Bujun, have done an excellent job in securing this business and through ASCO's customer centric focus will ensure we deliver a world-class, safe and efficient service to all of our clients including Shell and BHP."

Notes to editors: 

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 Private Equity Partners and ASCO Management. To find out more, visit www.ascoworld.com