Leading
material management and logistics provider ASCO has secured a five-year
contract with bp Trinidad and Tobago (bpTT).
Under the contract, which came into
effect at the start of the year, ASCO will provide supply base and pipeyard
management services for the Operator across all 16 offshore locations in
Trinidad.
bpTT has operated in Trinidad and Tobago
since 1961, and is the country’s largest hydrocarbon producer, accounting for
more than half of the nation’s gas production.
The award cements ASCO's presence in the
region, with its in-country headcount set to grow by 30%. The company is also
making a significant investment in equipment and infrastructure to deliver this
work to the highest international standards.
Deborah Benjamin, Managing Director of
Trinidad & Tobago, said: “Securing this contract, from the largest Operator
in the region is a huge achievement for the team and will be a strong
foundation to further expand ASCO’s presence in the Caribbean region.”
ASCO entered the Trinidad and Tobago
market in 2000, in support of BP and grew to be the preeminent logistics
provider to the offshore Oil and Gas industry. Through it's time operating in
Trinidad, ASCO has contributed to developing the local supply chain, building
local capabilities, implementing global standards and establishing strong
relationships with the communities.
"ASCO's local team comprises one
hundred percent local personnel. This contract, and the subsequent headcount
increase enables us to provide further opportunities to the communities in
which we operate in Trinidad." Said Ms Benjamin.
"Following this award, we have made
substantive, seven figure (USD) investment to position us to deliver
exceptional service standards to BP. Not only do we comply with all
international standards, but we are also committed participants to the Trinidad
and Tobago Safe to Work (STOW) accreditation standard. Safety Excellence is a
fundamental obsession for ASCO globally and our Trinidad operations fully
embrace this."
ASCO Group CEO, Mike Pettigrew added
"Trinidad and Tobago has been a key part of our global business for over
20 years and we are delighted to have secured a long-term, sustainable future
for our employees, contractors and supply chain partners. We also have a long
legacy of supporting BP across the world and look forward to delivering the
highest standards of service, in Trinidad for the foreseeable future. Securing
the contract was a team effort, across both our local and Group personnel and I
thank them for their outstanding contribution."