Oil Patch Bits: CCI Industrial Services acquires North Slope facility
CCI Industrial Services LLC said it has entered into an agreement with Alutiiq Oilfield Solutions LLC to acquire certain assets including a major blasting, coating and painting facility and related equipment in Deadhorse, Alaska. The transaction was completed Nov. 8.
“This asset purchase positions us to be the go-to coating contractor on the North Slope,” said CCI Industrial President and Chief Executive Officer Ben Schoffmann. “While we have won praise and increased our activity with valued clients for our coating expertise and services, the lack of a fit-for-purpose facility prevented us from reaching our objectives. This acquisition will allow us to perform larger jobs and be better able to work year round.”
CCI Industrial, a wholly owned subsidiary of Bristol Bay Native Corp., is an oilfield and industrial service provider with roughly 250 employees. CCI Industrial is engaged in a wide variety of activities on Alaska’s North Slope including coating, sandblasting and painting, tank cleaning, pipeline maintenance, hazardous materials handling and spill response.
Alutiiq Oilfield Solutions, a wholly owned subsidiary of Afognak Native Corp., is an oilfield service provider with operations in Alaska, Canada and North Dakota specializing in temporary road and pad matting and structural composite products.
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