BDP Project Logistics, a leading privately held project logistics and transportation management services company, has announced theestablishment of a new subsidiary - BDP Oil and Gas Logistics Pte Ltd.Incorporated with head quarters in Singapore, the new company will target thegrowing opportunities in the global oil and gas supply chain.
BDP Project Logistics and its parent company, BDPInternational (BDP), are already recognised as leaders in the energy, chemicaland petrochemical logistics business. The new company will extend BDP's service offerings to include mid- andupstream market activities within the oil and gas supply chain, allowing BDP tooffer a total service solution to oil and gas companies.
BDP already lists many of the world's leading energy and petrochemical companies among its customers, including Shell, Exxon Mobil, DuPont, The Dow Chemical Company, Invista and Quinn Chemicals.
Martin Runshaug, commercial director of BDP Oil and Gas Logistics, said the vertical was formed to meet the need for a total logistics services provider that can offer total integrated logistics solutions withemphasis on quality, health, safety, environment and compliance.
"BDP Oil and Gas Logistics will service clients across theentire oil and gas value chan. The new company combines BDP's two principal strengths: its position as aglobal leader in the downstream sector as well as its expertise in projectlogistics," explained Runshaug.
"Our ability to offer turnkey logistics solutions - fromsupply chain management of rig and FPSO new building and conversions through tothe transportation of heavy-lift structures supported by our in-house transport engineering division and finally logistics support for offshore and onshoreassets in operation - is what gives BDP oil and gas logistics an edge over itscompetitors," he continued.
According to Runshaug, the energy sector is set to boom inthe coming decade with an increase in exploration and production to meet thedemands of emerging nations such as Brazil, Russia, India and China.
