Panalpina wins major BP oil and gas contract
BP and Panalpina will join hands to design a best-in-class oil and gas freight forwarding supply chain, Panalpina has announced.
February 15, 2012
BP and Panalpina will join hands to design a best-in-class oil and gas freight forwarding supply chain, Panalpina has announced. The two companies have signed a strategic services master agreement that will tap into Panalpina’s vast oil and gas and Panprojects experience. The scope of the multi-year agreement comprises transportation services for air, ocean, road and rail, industrial projects, freight management and other logistics services connected with the exploration and production of oil and gas.
The agreement unites Operations and Freight Management Services for upstream capital projects under a single contract. The upstream sector is known as the exploration and production (E&P) sector. “Panalpina has proven its commitment to the oil and gas industry for more than four decades, traditionally with a focus on servicing the highly demanding upstream part of the business,” said Frank Bichowski, Global head of industry vertical oil and gas at Panalpina. “Together with BP we can take the oil and gas supply chain to the next level.” To drive innovation, Panalpina’s oil and gas specialists will work hand-in-hand with the in-house specialists for industrial projects.
The industrial projects division of the Panalpina Group, Panprojects, will mostly handle upstream business under this agreement. Some 300 specialists around the world provide integrated logistics turnkey project forwarding and management services on a global scale. “Our services are especially suited for companies like BP,” said Christopher Kent, global head of Panprojects.