ASCO wins £90m North Sea contracts

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Nexen Petroleum UK and Centrica Energy Upstream have renewed contracts worth over £90 million with oil and gas logistics firm ASCO.

Nexen has renewed two contracts, together worth about £19 million per year. They will be managed by ASCO’s operations team in Peterhead and its Fuel and Lubricants division in Peterhead and Aberdeen.

Centrica has extended its deal, worth about £3 million per year, to cover drilling operations in the Northern North Sea as well as the Southern.

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