Integrated cargo and inland services company, APM Terminals Pipavav, will serve as state-owned oil explorer Oil and Natural Gas Corporation's (ONGC) strategic supply base partner as part of a 5-year contract signed between the two.
The mandate will enable ONGC to set up an offshore oil and logistics base at multi-cargo Pipavav Port, thereby strengthening and scaling the port's key role, the company said on Thursday.
"Our port capabilities, focus on reliability, and collaborative approach ensure that we deliver impactful solutions for India's critical offshore logistics needs. This alliance reflects our commitment to supporting national development and maintaining high standards of operational excellence," said Girish Aggarwal, managing director at APM Terminals Pipavav.
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The move is aimed at advancing India's energy security while providing world-class port infrastructure to enhance ONGC's ability to service offshore assets efficiently, the company statement further said.
Leveraging Pipavav's proximity to ONGC's key oil fields in Tapti and Kutch, the company added, the collaboration is designed to provide a safe, reliable and well-equipped infrastructure to support offshore operations, solidifying a long-term commitment to India's energy sector.
APM Terminals Pipavav's advanced multi-modal infrastructure, integrated warehousing, and proximity to key offshore fields will ensure operational efficiency, supply chain resilience, and reliability for ONGC and the broader oil and gas sector, while supporting India's energy security and economic growth, the company said.
For Gujarat Pipavav Port Ltd (GPPL), the mandate opens a new business area and showcases its capability to deliver complex, high-impact solutions, positioning the port to play a vital role in shaping India's offshore logistics landscape, it said.
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