ADNOC L&S launches world-scale integrated logistics services platform

  • Date: 29-Mar-2023
  • Source: GCC Business…
  • Sector:Oil & Gas
  • Country:UAE
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ADNOC L&S launches world-scale integrated logistics services platform

ADNOC Logistics & Services (ADNOC L&S) has unveiled its Integrated Logistics Services Platform (ILSP), one of the largest turnkey offshore logistics offerings in the world that enables 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 confirms that it signed a $2.6 billion (AED9.5 billion) contract with ADNOC Offshore to provide integrated logistics services.

The company said that 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.

Over 80 percent of the contract value will flow back into the UAE’s economy through ADNOC’s successful In-Country Value (ICV) program.

Captain Abdulkareem Al Masabi

CEO – ADNOC L&S “We are very pleased to extend our decades-long collaboration with ADNOC Offshore as we unveil our ILSP and continue to revolutionize offshore oil and gas logistics. The ILSP is a unique offering that centralizes all logistics requirements for our customers through a single interface, optimizing efficiencies and reducing logistics costs. As we deliver on our ambitious growth strategy, we continue to unlock

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