ASCO, the global integrated materials and logistics management company, has acquired full ownership of NORM Solutions Ltd, a leading provider of specialist cleaning, treatment and disposal services for oilfield equipment contaminated with Naturally Occurring Radioactive Materials (NORM).
The acquisition reflects ASCO’s overall strategy to continually strengthen its specialist waste and decommissioning capabilities and provide its client base with a wider and fully integrated service.
Established in 2012, and originally a joint venture between ASCO and John Lawrie Group, NORM Solutions Ltd will continue to operate from its state-of-the-art facility in Aberdeen, which has the capability to handle all types of NORM contaminated equipment and waste streams for the on and offshore industries, with all systems and procedures meeting the highest environmental standards.
Commenting on the acquisition, ASCO Head of Waste and Decommissioning Chris Lloyd said: “Our full acquisition of NORM Solutions Ltd is a logical move for ASCO, allowing us to offer an ever-wider range of integrated services to our offshore and onshore clients. As the decommissioning sector continues to grow, our ability to provide safe NORM treatment and disposal services will remain critical to our overall service offering to our client base.
“We have enjoyed a positive working relationship with John Lawrie Group over the last eight years and we will continue to work with them as a trusted partner. John Davidson will remain as General Manager for NORM Solutions Ltd and I am very much looking forward to consolidating and promoting ASCO’s NORM services to both existing and new clients alike.”
ASCO is the leading materials management and logistics company for the global energy industry. Headquartered in Aberdeen, Scotland, ASCO operates from over 70 locations worldwide and employs c.1,500 people.
As the essential partner for global energy materials and logistics management, ASCO works with the world’s largest operators to deliver safety and service excellence. Digitalisation and modernisation are at the heart of operations at ASCO. The Group’s innovative processes and systems means the company is at the forefront of driving supply chain efficiency.
ASCO is owned by DH Equity Partners and ASCO Management.
To find out more, visit: www.ascoworld.com