Equinor lets UK logistics contract

July 19, 2022
Equinor ASA let a 5-year contract extension to ASCO Group for integrated logistics and materials management for its UK operations.

Equinor ASA let a 5-year contract extension to ASCO Group for integrated logistics and materials management for its UK operations.

The contract includes quayside services, materials management, environmental services, marine gas oil (MGO) provisions, and marine technical services with additional ad-hoc services as required.

As part of the previous contract with Equinor, ASCO used its integrated logistics management system (iLMS) to replicate a conventional retail item-tracking system, allowing complete material visibility and traceability throughout the management timeline, reducing process time by as much as 70% from start to finish, according to the companies.

The service agreement will be delivered primarily from ASCO's Peterhead supply base.