BDP Project Logistics, a privately held project logistics and transportation management services company, has established a new subsidiary: BDP Oil and Gas Logistics Pte Ltd. Inc., headquartered in Singapore. The new company will target growing opportunities in the global oil and gas supply chain.
BDP Project Logistics will extend BDP’s service offerings to include mid and upstream market activities within the oil and gas supply chain, allowing BDP to offer a total service solution to oil and gas companies. BDP’s energy and petrochemical customers include Shell, Exxon Mobil, DuPont, Dow Chemical, INVISTA and Quinn Chemicals.
The new company was formed to meet the need for a total logistics services provider that can offer total integrated logistics solutions with emphasis on quality, health, safety, environment and compliance, explains Martin Runshaug, commercial director of BDP Oil and Gas Logistics. The company will offer turnkey logistics solutions, from supply chain management of rig and FPSO new building and conversions through to the transportation of heavy-lift structures supported by BDP’s in-house transport engineering division, as well as logistics support for offshore and onshore assets in operation.
According to Runshaug, the energy sector is set to boom in the coming decade with an increase in exploration and production to meet the demands of emerging nations such as Brazil, Russia, India and China. “We expect significant activity in the Middle East, the Commonwealth of Independent States, West Africa, Brazil, Vietnam, China, India, and Australasia as well as the arctic regions,” he predicts.