ASCO awarded 2-year extension from Equinor

Source: press release, 16 November 2020

ASCO’s Sandnessjøen base
ASCO’s Sandnessjøen base (photo: ASCO)

Global integrated materials and logistics management company, ASCO, has announced that its Norway operation has been granted a 2-year extension by Equinor for terminal and warehousing services in Sandnessjøen.

The contract, which commences in July 2021, secures ASCO’s activities and jobs in Sandnessjøen until 2023. The award is part of a larger round of contracts for services at coastal bases along the entire Norwegian coast that applies to Equinor-operated licenses on the Norwegian shelf.

ASCO Managing Director International, Runar Hatletvedt says, “This is a very gratifying, important contract for us to win. The exercise of the option will secure the jobs related to Equinor’s activity at ASCO’s Sandnessjøen base for another 2 years, providing stability and predictability in a market situation characterised by a high rate of change and uncertainty.”

“This provides confidence to further develop our strategies to ensure we are in the optimum position for new tenders and business areas,” adds Hatletvedt

ASCO Norge AS works with a number of initiatives related to sustainability and reduced CO2 emissions. In collaboration with the ports in which it operates, initiatives have been taken to develop shore-side power solutions to reduce emissions and noise from vessels on land.

The company is also in the process of developing a digitalisation tool that contributes to the optimisation of logistics flow and resource use, which in turn will contribute to a significant reduction in environmental emissions.