ASCO Wins Major Nine-Figure North- Sea Services Contract
The major five-year contract, worth approximately £150 million became effective from 1st July 2025.
The scope encompasses ASCO’s full suite of integrated logistics services, including quayside operations, warehousing, materials management, marine gas oil, environmental services, aviation, customs, freight forwarding and ships agency.
This award represents a major milestone for ASCO, marking one of the largest and most comprehensive logistics contracts in its recent history. It underscores industry confidence in ASCO’s proven ability to deliver mission-critical support for complex offshore operations in one of the world’s most demanding energy environments.
This latest award builds on a series of strategic wins in the North Sea, with long-term contracts secured in the UK and Norway in 2025 alone exceeding £450 million in value.
It also reflects a broader industry trend toward integrated logistics solutions that streamline operations and improve efficiency.
ASCO’s approach - combining digital innovation with a sustainability- led model - has proven effective in helping operators manage complex offshore supply chains while maintaining a strong focus on safety and environmental responsibility.
Global Underwater Hub Responds To The Announcement Of UK Government Support for Acorn and Viking CCS Projects
Responding to the announcement by the UK Government that it is committing to support the Acorn and Viking CCS projects, Neil Gordon, Chief Executive of Global Underwater Hub (GUH), said:
“The UK Government’s support for the Acorn and Viking projects is a significant step towards delivering carbon capture and storage at scale and achieving net-zero. This funding commitment will help accelerate the development of vital low- carbon infrastructure and open up major opportunities for the UK’s world-class subsea supply chain.
“With decades of experience and proven capabilities from the North Sea, the UK is well placed to lead in CCS technology.
Global
Underwater Hub welcomes this support, which will drive innovation, create high-value jobs and enhance energy security by enabling our subsea industry to play a key role in the energy transition.”
Global Underwater Hub is the leading trade and industry development body for the UK’s underwater sectors. It represents, promotes and supports a diverse range of member companies operating in the UK’s £9.2billion underwater industry.
OEUK Responds To Equinor And Gwynt Glas Selection To Deliver Floating Windfarms In The Celtic Sea
Offshore Energies UK (OEUK) has welcomed the selection of Equinor and Gwynt Glas to deliver floating windfarms in the Celtic Sea, calling it a positive step towards scaling up the UK’s floating wind sector and advancing the energy transition.
Commenting on the announcement, OEUK Sustainability and Policy Director Mike Tholen said: “We welcome the selection of Equinor and Gwynt Glas to deliver floating windfarms in the Celtic Sea. Floating wind is no longer just a concept, it’s scaling up, and the UK is well placed to lead.
“This nascent technology is a natural fit for the UK’s existing oil & gas supply chain, drawing on established skills, vessels and infrastructure.
“It also enables access to deeper waters with stronger, more consistent wind and fewer conflicts with other sea users.
“To turn this opportunity into long-term leadership, the UK must now scale up its supply chain, upgrade grid infrastructure, invest in ports and fabrication yards, and strengthen policy frameworks to attract the essential investment needed.”
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www.sosmagazine.biz July Issue 2025
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