ASCO has been awarded a 2-year option to provide terminal and warehouse services for Equinor in Sandnessjøen, Norway. - "This is very gratifying and an important contract for us," says managing director of ASCO Norway, Runar Hatletvedt.

Equinor has been an important customer for ASCO for several years, with ASCO holding the contract for the activity in Sandnessjøen since 2015. The newly awarded option comes into force on 1 July 2023 and has a duration of two years.

"The exercise of the option will secure the jobs related to Equinor's activity at ASCO's base in Sandnessjøen for a further two years and provides stability in a market characterised by a high rate of change and great uncertainty. This gives us peace of mind to further develop our strategies to be even better positioned for new tenders and business areas," says Head of Strategy and Business Development in ASCO Norway, Ståle Edvardsen.

ASCO's Sandnessjøen Base, which is located at Horvneset, employs around 30 people, and supplies the Norne and Aasta Hansteen fields for Equinor and Skarv with associated satellites for Aker BP. In addition, ASCO Base Sandnessjøen supplies other operator customers who have exploration prospects on the Nordland shelf, as well as suppliers in the petroleum industry and other customers who need logistics services.

KeyFacts Energy Industry Directory: ASCO