Mumbai-based oil and gas services company OWS has signed an agreement with European oil and gas logistics specialist ASCO to provide logistic solutions for oil and gas industry.
The 50:50 joint venture between OWS and ASCO "aims to provide qualified and professional services to the operators and contractors working in the Indian sub-continent," a company press statement said here.
The joint venture, christened OWSASCO Offshore Pvt Ltd, intends to professionalise all logistics, shore base and other support services in the oil and gas domain, OWS Manging Director Vinay Sharma said. "Together, we will offer a host of services like shore management and marine management services to the sector."
Headed by Billy Allan, ASCO has a global footprint with presence in USA, Scotland, Norway, Holland, Alberta, Singapore and Trinidad & Tobago.
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