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

Oil Surges to Four-Week High as US-Iran Trade Blows

Velesto Terminates NAGA 3 Jack-Up Rig Sale to Indonesian Firm

Arabian Drilling Set to Resume Ops with Three Offshore Rigs

Hormuz Traffic Falls to Five-Week Low as Tensions Escalate

ONGC Plans Major New Indian Oil Reserve

LNG Tankers Resume Hormuz Crossings Amid Tensions

Hormuz Standoff Risks Chronic Instability for Gulf Oil Flows

Dolphin Drilling’s Blackford Dolphin Secures More Work for Oil India

Saudi Arabia Eyes Oil Pipeline Expansion to Red Sea

Oil Slips as Oman Reports Normal Operations at Key Oil Terminal

Current News

Sunda Energy Applies for Exploration Permit Offshore New Zealand

Unity Enters Asia-Pacific Market with Malaysia P&A Work

Oil Surges to Four-Week High as US-Iran Trade Blows

Velesto Terminates NAGA 3 Jack-Up Rig Sale to Indonesian Firm

Noble Gets $136M Brunei Drillship Job

James Fisher, Aquaterra Launch Global Decommissioning Partnership

Tetragon Energy Advances Oil and Gas Exploration Activities off Philippines

Arabian Drilling Set to Resume Ops with Three Offshore Rigs

Oil Jumps 3% on Renewed US-Iran Conflict

Hormuz Traffic Falls to Five-Week Low as Tensions Escalate

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