Photo: ASCO

ASCO wins major nine-figure north-sea services contract

ASCO has secured a landmark nine-figure contract with a major North Sea energy operator, reinforcing its position as the leading logistics

Facebook
X
LinkedIn

Subscribe to our daily newsletter

Why? Free to subscribe, no paywall, daily business news digest.

ASCO has secured a landmark nine-figure contract with a major North Sea energy operator, reinforcing its position as the leading logistics provider to the energy industry.

The major five-year contract, worth approximately £150 million is effective from 1st July 2025. The scope encompasses ASCO’s full suite of integrated logistics services, including quayside operations, warehousing, materials management, marine gas oil, environmental services, aviation, customs, freight forwarding and ships agency.

This award represents a major milestone for ASCO, marking one of the largest and most comprehensive logistics contracts in its recent history. It underscores industry confidence in ASCO’s proven ability to deliver mission-critical support for complex offshore operations in one of the world’s most demanding energy environments.

“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.”

This latest award builds on a series of strategic wins in the North Sea, with long-term contracts secured in the UK and Norway in 2025 alone exceeding £450 million in value.

It also reflects a broader industry trend toward integrated logistics solutions that streamline operations and improve efficiency. ASCO’s approach – combining digital innovation with a sustainability-led model – has proven effective in helping operators manage complex offshore supply chains while maintaining a strong focus on safety and environmental responsibility.

“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.” added Mr Pettigrew.

Facebook
X
LinkedIn

Related Articles

AI trainer, Clare Parry named as Career Changer of the Year at Scotland Women in Technology Awards
Award winners, The Sunday Times Scotland Fast 50 gala dinner(Credit: The Times and The Sunday Times)
Scotland Fast 50 names five award winners at Edinburgh Castle gala
Credit: Meallmore
Meallmore awards record 2,150 nominations in 15th year
Puma Investments launches £50M fundraise to back UK businesses
L-R: Dr. Alisha Fuller-Armah, Draconite; Eniye Okah, BEAME; Julianne Ponan, Creative Nature; Darren Miller, Black British Initiative )Credit: KPMG UK's Black Entrepreneurs' Awards)
Draconite Wins £25,000 at KPMG Black Entrepreneurs’ Awards
Scottish business confidence rises as firms plan hiring and investment

Other Articles from HGS

The Latest Stories