ASCO has secured work worth in excess of USD 50M.
The projects are a mixture of contract awards and renewals for key North Sea clients, including Nexen.
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.
The development also sees ASCO welcome three new operator clients to Peterhead. One operator granted a three-year contract to support its drilling project in the North Sea and another operator has awarded ASCO a one-year contract for shorebase support. In addition, a major North Sea operator has engaged ASCO to provide supply base support for a plug and abandonment project until mid-2018.
