Print
PDF
ADNOC Logistics & Services (ADNOC L&S) has unveiled its new Integrated Logistics Services Platform (ILSP), claimed to be “one of the largest turnkey offshore logistics offerings in the world,” to enable coordinated end-to-end management of logistics and maritime operations at its base in Mussafah, Abu Dhabi.
As part of the launch of the ILSP project, ADNOC L&S confirmed that it has signed a $2.6 billion (AED9.5 billion) contract with ADNOC Offshore to provide integrated logistics services. The agreement runs for five years, with the option of a five-year extension, and includes the provision of port services, warehouse operations, heavy lifting, material handling and shipping, rig and barge moves, marine terminal operations and waste management services.
Captain Abdulkareem Al Masabi, CEO of ADNOC L&S, said: “The ILSP is a unique offering that centralises all logistics requirements for our customers through a single interface, optimising efficiencies and reducing logistics costs.”
By managing all logistics requirements through one system, the company bellies that ILSP is key to reducing logistics cots. In addition, customers will be invoiced in on a cost-per-ton basis, moving away from the standard asset lease model.
ADNOC L&S is in the midst of a strategic expansion program, to offer a broader service to its customers while supporting and enabling the growth of ADNOC’s upstream and downstream operations. The company owns 245 vessels and manages over 600 additional ships annually and operates a 1.5 million m2 integrated logistics base in Mussafah.
