Adnoc’s maritime logistics arm, Adnoc Logistics and Services, is providing Adnoc offshore oil and gas subsidiary Adnoc Offshore with integrated logisticsservices under a USD 2.6 bn, five-year contract, according to a press release.

The details: Under the contract, Adnoc Logistics will provide port services, warehouse operations, heavy lifting, material handling and shipping, rig and barge moves, marine terminal operations and waste management services to Adnoc Offshore. The agreement will initially run for five years, with the option of a five-year extension.

The contract is the first agreement under Adnoc Logistics’ newly-launched Integrated Logistics Services Platform, which provides offshore end-to-end management of logistics and maritime operations. Adnoc Logistics is operating the platform from its 1.5 mn sqm base in Mussafah, Abu Dhabi.