Top Track 100

ASCO provides support services such as freight handling, fuel and ship management, haulage and waste disposal to oil and gas rigs in the North Sea, Gulf of Mexico, Brazil, Trinidad and Canada. Customers range from giants such as Exxon Mobil, BP and Shell to small independent producers. After a management buy-in in 1996, the company made several acquisitions, including one of its closest competitors, Wood Group Offshore. Its sales were £524m in 2002.

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Company details
Year2004
Rank58
CompanyASCO
ActivityOil and gas services provider
LocationAberdeen
Sales £m524
Profit £m2
Year endMar 03
Principal shareholders3i (62%), Wood Group (31%) and management (7%)
Staff1,621
Founded1967
Websitewww.ascoworld.com

If applicable:

* Supplied by company † Annualised figure **Estimated