This Aberdeen firm provides freight handling, fuel and ship management, haulage and waste disposal to oil and gas rigs worldwide. Its customers include Exxon Mobil as well as independent producers. Founded in 1967, the firm is led by chairman Claude Littner. It made several acquisitions after a management buyout in 1996, but sales fell by £56m in 2003 to £467m, when it made an operating loss of £20m.

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Company details
Year2005
Rank73
CompanyASCO
ActivityOil and gas services provider
LocationAberdeen
Sales £m467
Profit £m-20
Year endDec 03
Principal shareholders3i (62%), Wood Group (31%) and management (7%)
Staff1,601
Founded1967
Websitewww.ascoworld.com

If applicable:

* Supplied by company † Annualised figure