Adnoc L&S unveils integrated logistics services platform

  • Date: 30-Mar-2023
  • Source: The Gulf Time
  • Sector:Oil & Gas
  • Country:UAE
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Adnoc L&S unveils integrated logistics services platform

















Local News, Uncategorized















ABU DHABI / WAM

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 percent of the contract value will flow back into the UAE’s economy through Adnoc’s successful In-Country Value (ICV) programme.

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 revolutionise offshore oil and gas logistics. The ILSP is a unique offering that centralises all logistics requirements for our customers through a