Integrated freight and inland services firm APM Terminals Pipavav on Thursday stated it has entered into a five-year contract with ONGC to set up an offshore oil and gas logistics base at multi-cargo Pipavav Port.
The mandate will certainly make it possible for the private port driver to function as the state-owned Oil and Natural Gas Company ‘s ( ONGC strategic supply base partner, thereby reinforcing and scaling the port’s vital duty, the firm stated.
At the same time, the action would help in advancing India’s power security , while providing first-rate port facilities to boost ONGC’s capability to service overseas assets effectively, it stated.
Leveraging Pipavav’s distance to ONGC’s essential oil areas in Tapti and Kutch, the business stated, the partnership is designed to supply a safe, trusted and well-appointed framework to support overseas procedures, strengthening a lasting commitment to India ‘s energy field.
The newly awarded contract will certainly see APM Terminals Pipavav (GPPL) work as ONGC’s strategic supply base companion, reinforcing and scaling the port’s essential duty in advancing India’s power safety, while giving world-class port framework to boost the state-owned company’s capacity to solution offshore possessions efficiently.
“Our port capacities, concentrate on dependability, and joint technique make sure that we supply impactful solutions for India’s crucial overseas logistics requires. This partnership reflects our dedication to sustaining nationwide development and keeping high criteria of functional quality,” Girish Aggarwal , Taking Care Of Supervisor at APM Terminals Pipavav, claimed.
APM Terminals Pipavav’s sophisticated multi-modal infrastructure, incorporated warehousing, and proximity to essential offshore areas will make certain operational performance, supply chain durability, and integrity for ONGC and the broader oil and gas industry, while sustaining India’s power safety and security and economic growth, the firm stated.
For Gujarat Pipavav Port Ltd (GPPL), the mandate opens a brand-new company area and showcases its capability to supply complicated, high-impact services, positioning the port to play an essential function in shaping India’s offshore logistics landscape, it claimed.