Aberdeen-based energy logistics group, ASCO, has landed a five-year contract with BP for supply base and pipeyard management services across all 16 offshore locations in Trinidad and Tobago.
The contract marks a milestone in ASCO’s presence in the Caribbean region, with a planned 30% hike in local headcount and investments in equipment and infrastructure to meet international standards.
“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,” said Deborah Benjamin, managing director in Trinidad and Tobago.
ASCO was acquired by UK private equity firm Endless last year. With over 1,000 employees in the UK and a further 500 across its international operations, the company operates from 60 locations in nine countries across six continents.