Arctic Oil & Gas Directory: Crowley sells CATCO All-Terrain vehicle assets to Peak
Crowley Maritime Corp. said Nov. 29 that it has sold its fleet of company-owned CATCO® Arctic All-Terrain vehicles and related assets, including a warehouse and office facility in Deadhorse, Alaska, to Peak Oilfield Services Co.
Though the sale ends nearly 40 years of Crowley-provided specialized tundra transportation services, the company remains committed to providing tug and barge transportation and project management services for North Slope producers.
“Crowley has enjoyed a long successful history with our CATCO operations on the North Slope, starting in 1972,” said Crowley’s Craig Tornga, vice president of Crowley’s solutions group. “We’ve used these specialized assets to support North Slope exploration with remote off-road arctic transportation and construction of ice islands and ice roads. The CATCO assets were not a part of our long-term business plans to offer marine services and project solutions. We will continue to offer these specialized services to our customers as we have since the early days of Prudhoe Bay development.”
Since 1953, Crowley has provided various marine, petroleum distribution and energy support services in Alaska — from the North Slope to Southcentral Alaska and both coastal and inland communities, including those along the Kuskokwim and Yukon Rivers.
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