ADNOC LS Unveils $2.6bn World-Scale Integrated Logistics Services Platform

ADNOC LS Unveils $2.6bn 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 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% 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 of ADNOC L&S, said: “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 greater