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Key client for oil group

ASCO secures five-year deal with ‘major client’ Apache

Alan Brown: ‘important we retain major clients’


 

Oil and gas services company ASCO has secured a significant contract award from Apache North Sea that builds on a positive start to the year.

It will provide shorebase and logistics services, delivered from ASCO’s Peterhead supply base and 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.

This latest agreement follows the announcement in March that ASCO’s Peterhead operation had secured projects worth more than £50 million with several oil and gas operators.

Alan Brown, group CEO, 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.” 

Steven Duncalf, supply chain manager at Apache Corporation, 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.



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