ASCO awarded contract extensions
Published: 20 March, 2024
Aberdeen-headquartered logistics and materials management company, ASCO, has announced it has been granted a string of contract extensions accumulating to more than £20 million.
The start of 2024 has seen long-standing clients, Centrica Energy Storage, TotalEnergies and bp renew contracts with the logistics company; each lasting up to three years.
The logistics company has been appointed by industry supermajors bp and TotalEnergies to supply a fully integrated service to support each operator across the North East of Scotland. ASCO will leverage its service lines from quayside operations, materials management, ship agency, road transport, aviation and environmental services including Naturally Occurring Radioactive Material (NORM).
Centrica Energy Storage has also re-appointed the logistics provider for support to its onshore and offshore operations, maintenance and project activities. Under its multi-million-pound contract, ASCO will manage services from multiple UK Centrica Energy Storage Ltd (CESL) facilities comprising manned and unmanned offshore platforms. The comprehensive suite of services being provided includes the management of warehousing, waste management and logistics services. ASCO will support CESL as they look to invest £1-£2bn over the coming decade to redevelop the Rough field and make it hydrogen ready, to support the energy transition.
Fraser Stewart, ASCO Chief Commercial Officer said: "This trio of major contract extensions is testament to the high calibre of service we have provided to these three clients.
“Our proven track record, as well as industry knowledge and specialist service offering have gained ASCO a solid reputation for quality service that is both cost and time efficient. This has allowed us to develop a strong and trusted relationship with each of these clients. These partnerships demonstrate the value ASCO provides with our services in the UK energy sector.”
ASCO says it ensures smooth operations and management through its expert logistics capabilities, enabling clients to focus on their core tasks and objectives. Its ability to deliver efficient solutions makes it the ideal partner for clients navigating the complexities of projects in the energy industry.
These latest contracts follow reports of ASCO's commitment to substantial growth over the next five years with plans to expand domestically and internationally. This is after a strong year for the Aberdeen-headquartered business, which saw it win new clients, grow its range of services and sectoral support, and expand into new geographies.
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