AUSTRALIA

ASCO secures another Aussie foothold

INTERNATIONAL oilfield support services company ASCO Group has reached an agreement to become the majority shareholder in specialist oil and gas logistics support provider Bonnie Rock Transport.

The UK-based company established its local footprint through the successful bid to operate the new Darwin Marine Supply Base. It has taken an initial 60% stake in BRT for $28 million, with the option...

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