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ASCO to provide logistics services in the North Sea

The five-year contract is worth roughly £150mn. (Image source: ASCO)

Industry

ASCO has signed an important nine-figure deal with a major North Sea oil operator, cementing its position as the energy industry's leading logistics provider.

The substantial five-year contract, worth roughly £150mn, begins on July 1, 2025. The scope includes ASCO's full range of integrated logistics services, such as quayside operations, warehousing, materials management, marine gas oil, environmental services, aviation, customs, freight forwarding, and ship agency.

The award is a significant milestone for ASCO, as it represents one of the company's largest and most comprehensive logistics contracts in recent history. It demonstrates the industry's trust in ASCO's demonstrated capacity to provide mission-critical support for complex offshore operations in one of the world's most challenging energy environments.

This latest award follows a string of significant wins in the North Sea, with long-term contracts won in the UK and Norway alone for more than £450mn in 2025.

It also represents a broader industry trend towards integrated logistics solutions that simplify operations and boost efficiency. ASCO's approach, which combines digital innovation with a sustainability-driven model, has proven successful in assisting operators in managing complicated offshore supply chains while maintaining a strong focus on safety and environmental responsibility.

“This is a transformational contract for ASCO, both in scale and strategic importance,” said Mike Pettigrew, ASCO chief executive officer. “It validates our deep expertise in the North Sea, where we have been operating for almost 60 years, and our ability to deliver end-to-end logistics solutions that are safe, efficient and resilient.

“We’re increasingly being recognised as a trusted partner in the global energy supply chain and are proud to play such a pivotal role in enabling safe and efficient offshore activity, while continuing to lead the way in supply chain transformation.”