Peel Ports Signs 12-year Deal with Asco

Laxman Pai
Wednesday, October 24, 2018

Peel Ports and offshore services firm ASCO have joined forces in a long-term strategic partnership aimed at supporting the energy sector in Great Yarmouth and promoting future sustainability for the port.

By working in collaboration, the two organisations will support existing customers and attract new ones to the port by offering increased flexibility to meet the demands of the oil and gas, renewable energy and decommissioning sectors operating out of Great Yarmouth.

The 12-year partnership will officially commence from January 2019 and will see ASCO assume operational responsibility for two additional berths at Peel Ports Great Yarmouth.

Glenn Hurren, ASCO's SNS Director said: "Our new partnership gives the additional capacity we needed to expand our operations in Great Yarmouth. We now have a stronger base for building marine collaboration in the UK Southern North Sea sector and the ability to provide a flexible solution for our customers covering Peterhead, Aberdeen and Great Yarmouth."

The partnership will generate long term job creation and sustainability through the attraction of new business to the region.

Richard Goffin, Port Director, Peel Ports Great Yarmouth said: “Through working with ASCO, we will be able to harness the enormous potential that Great Yarmouth has as a key base for oil and gas, renewable energy and decommissioning operations.

“We will bring together the best in class expertise and facilities to promote further collaboration, diversify offerings and services offered by both companies and ensure a solid foundation for continued growth and investment at Great Yarmouth.

“Since taking ownership at Great Yarmouth in 2015, Peel Ports has made a series of significant infrastructure investments, which has enabled exponential growth - growth which will undoubtedly be bolstered by this new partnership with ASCO."

Categories: Ports Energy

Related Stories

China Starts Production at Major Oil Field in Bohai Sea

Dutch Contractor Completes Malaysia’s Largest 'Rig-to-Reef' Decom Project

SBM Offshore’s Jaguar FPSO Enters Drydock in Singapore (Video)

EnQuest Acquires Harbour Energy’s Vietnamese Assets

Woodside Finds South Korean Partners to Advance LNG Value Chain

Four Jack-Up Drilling Rig Deals Set to Bring In $129M for Borr Drilling

Petrovietnam, Partners Sign PSC for Block Off Vietnam

Japan Protests China’s New Oil and Gas Construction Activities in East China Sea

CNOOC Signs Hydrocarbons Exploration and Production Deal with Kazakhstan

Woodside to Shed Some Trinidad and Tobago Assets for $206M

Current News

PTTEP Acquires Southeast Asia’s Offshore Block from Chevron’s Hess Unit for $450M

Valeura Energy, PTTEP Partner Up on Gulf of Thailand Blocks

Sapura Scoops Over $118M for Chevron, PTTEP Subsea Ops off Thailand

Pandion Energy Divests Interests in Three Norwegian Assets to Inpex

China Starts Production at Major Oil Field in Bohai Sea

Dutch Contractor Completes Malaysia’s Largest 'Rig-to-Reef' Decom Project

China Rolls Out 17MW Floating Wind Turbine Prototype

SBM Offshore’s Jaguar FPSO Enters Drydock in Singapore (Video)

EnQuest Picks Up Offshore Oil and Gas Block in Brunei

CNOOC Finds Oil and Gas in South China Sea

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com