Azerbaijan Caspian Shipping CSJC (ASCO) announced that its vessels - Suleiman Vazirov and Yarenga - have completed the second stage of pipe laying work in the Absheron gas and condensate field located in the Azerbaijan sector of the Caspian Sea…
Norway’s government will earn around NOK 265 billion ($30 billion) taxing and taking up stakes in its oil and gas fields in 2019, and Norwegian production is on the rise. In contrast, Britain in 2019 will earn about GBP 1.1 billion ($1.34 billion)…
Azerbaijan Caspian Shipping Company (ASCO), the largest and oldest shipping company on the Caspian sea, informed that works on laying pipes in the Absheron gas condensate field in the Azerbaijani sector of the Caspian Sea are under way.“Aura”…
The Satti floating drilling unit owned by Kazmortransflot National Maritime Shipping Company of Kazakhstan has been delivered to Azerbaijan.Baku hosted an official ceremony of receiving the Kazakhstani self-elevating floating drilling rig, said a press release…
Steve Mitchell has been appointed to the Senior Management team at ASCO, taking up the role of Operations Director (Scotland) as the materials management company continues its drive for efficiency through digitalization.Mitchell, who will be based at ASCO HQ in Aberdeen…
Despite disappointment at Korpfjell, there’s optimism in the far North. The Christophe de Margerie LNG carrier in icy conditions. Photo from Total. High hopes were pinned on the multi-billion-barrel potential Korpfjell prospect…
One of the most anticipated exploration wells in Europe this year was the multi-billion barrel potential Arctic Korpfjell prospect in the Barents Sea. While the probe, completed late September, didn't prove commercial volumes, the region…
DOF has been awarded three new contracts. The first contract, with Asco Marine Ltd., is a two-year firm contract, with options, for the vessel Skandi Aukra. The second contract, with Eni Norge, is a 13-month call-off, with minimum 60 days firm for the vessel Skandi Iceman…
Dr. Lena Wilson, chief executive of Scottish Enterprise and chair of Scotland’s Energy Jobs Taskforce, is leading the first ever delegation of Scottish companies to Myanmar in a bid to identify trade, investment and collaboration opportunities in the market…
BP has renewed its contract with Asco for its Norwegian operations. The supply services contract will be delivered across Norway, providing support in Tananger and Farsund, as well as further services in the northerly base of Sandnessjøen…
Statoil has handed out the largest contracts for the UK North Sea’s Mariner field that are worth more than US$1.57 billion (£1 billion) to the companies established in Aberdeen. Mariner. Image from Statoil…
NorSea Group (UK) has established a new executive team to lead the company’s growth in Scotland. Walter Robertson has been appointed managing director while Mike Munro becomes the company’s first operations director. Walter has 30…
UK-based ASCO Group is to provide supply base services for Austrian operator OMV's operations in the Norwegian Sea and Barents Sea. The contract, ASCO's first with OMV, will last three years from 1 January 2016 with two, one-year option periods…
BP Exploration and Production awarded ASCO a US$149 million contract to provide a range of integrated oilfield services to support its UK North Sea operations. The comprehensive, five-year contract covers a variety of activities including: supply-base operations…
The UK offshore industry’s new regulator is to be given powers to fine oil and gas producers up to £1 million, and potentially £5 million, and to revoke licenses, under certain circumstances, it has been announced. Under a string of new…
AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week