ASCO was acquired by Fund V in December 2011. Headquartered in Aberdeen, Scotland, ASCO is the largest global provider of outsourced logistics services and solutions to the oil and gas industry. ASCO works for the major oil and gas operators and service companies co-ordinating the delivery (and return) of goods and materials destined for oil rigs and platforms in major oil producing regions around the world. With operations in more than 70 locations across eight countries worldwide, its activities include the delivery of everything from drilling equipment to food supplies. ASCO is also involved in oilfield waste management and organises the global movement of specialist oil and gas equipment from logistics hubs in Aberdeen and Oslo. The group is internationally recognised for its strong and reliable service capabilities and its impeccable safety record.

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