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Providing coverage of Alaska and northern Canada's oil and gas industry
June 2001

Vol. 6, No. 6 Week of June 25, 2001

VECO named state’s exporter of the year for 2000

Williams Alaska, Arctic GeoScience also recognized in annual awards banquet

Petroleum News Alaska

An Alaska company that employs 4,500 people — more than 2,000 of them in foreign countries — has been named Alaska’s Exporter of the Year for the year 2000. VECO was presented with the annual Governor’s Exporter of the Year award May 24 at the Export Alaska banquet in Anchorage.

“VECO is an Alaska-founded and Alaska-owned company that exports project engineering, construction, and operations expertise around the world,” Gov. Tony Knowles said. “We congratulate VECO on their success in selling Alaska services and know-how into markets such as Russia, China, Kuwait, India, Central Africa and Egypt.”

From its origins as a welding and pipefitting support company in Cook Inlet, VECO has grown to a worldwide engineering and construction company that performs a broad range of support services including major design-build projects for the oil and gas and mining industries.

VECO is one of Alaska’s major supporters of charities and the arts. They are a major contributor to the United Way fund-raising drive and strongly support the Alaska Children’s Trust.

Williams Alaska is runner up

Runner up in the annual Exporter of the Year competition is Williams Alaska Petroleum Inc.

Williams operates a refinery at North Pole, processing about 215,000 barrels of Alaska crude oil per day. It converts about 63,000 barrels daily into refined product for use in Alaska and foreign markets. Williams export markets include Japan and Taiwan.

Williams has terminal facilities at the Port of Anchorage and the Fairbanks International Airport and they are co-owner, with Lynxs, of Anchorage CargoPort at Anchorage International.

Williams estimates that the Anchorage CargoPort project added between 75 and 100 jobs in Anchorage in the past year.

Arctic GeoScience gets honorable mention

Honorable mention was given to Arctic GeoScience Inc., an earth science and engineering company involved in a variety of exploratory and development activities in international markets such as Kazakhstan, Russia, the Netherlands, and Germany.

AGSI provided key project work for the “Sunkar,” an Arctic class barge drilling rig that operates in the extreme environment of the North Caspian sea in Kazakhstan. The rig was then used to successfully drill one the largest oil finds in 25 years.






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