Neptune taps ASCO for support on UK projects

Global logistics and materials management provider, ASCO, has secured a five-year contract with independent oil and gas company Neptune Energy.

Aberdeen Quayside; Source: ASCO

The contract, which will fully kick-off in October this year will see ASCO assume responsibility for all Neptune’s shorebase, logistics, marine and materials management services for the North Sea, ASCO said in a statement on Tuesday.

ASCO’s expertise will be utilized across all the operator’s current and future assets and projects in the UK.

ASCO’s Aberdeen General Manager, Jamie Marr, said: “The nature of the market in the North Sea is changing with new, exciting and innovative players investing in the basin. Neptune is on a growth trajectory in the UK and elsewhere, and we are excited to be supporting them on this journey.

“In the preparation for the commencement of the contract we are already building a strong relationship with the Neptune team and are eager to see this develop further in the years to come.”

Neptune’s UK Managing Director, Pete Jones, said: “We take a collaborative approach with all our partners and service providers. We look forward to a successful and mutually beneficial working relationship with ASCO which will support the continued growth of our UK business.”

In the UK, Neptune has interests in 24 production licenses and four exploration licenses in the UK. Neptune operates the Cygnus gas field, the UK’s largest single producing field, which supplies the equivalent of 1.5 million homes. The Seagull oil and gas development project is scheduled to come on stream in 2022. Two fields, Juliet and Minke, are currently being decommissioned.


Spotted a typo? Have something more to add to the story? Maybe a nice photo? Contact our editorial team via email.

Also, if you’re interested in showcasing your company, product or technology on Offshore Energy Today, please contact us via our advertising form where you can also see our media kit.

Share this article

Follow Offshore Energy Today

Events>

<< Oct 2019 >>
MTWTFSS
30 1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31 1 2 3

Executive Oil Conference & Expo 2019

Executive Oil Conference and Exhibition is a unique opportunity to meet with all of the region’s…

read more >

Oil & Gas Vietnam 2019

Oil & Gas Vietnam (OGAV) 2019 is the only specialized oil & gas event in Vietnam that brings together an international congregation of both upstream and downstream oil and gas companies and also its supporting industries gathered in the heart of Vietnam’s oil and gas industry in Vung Tau, to showcase the latest developments in the oil and gas industry.

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply