Arctic Slope Regional Corporation Acquires Arctic Pipe Inspection
Posted: 2015-8-2
Arctic Slope Regional Corporation ("ASRC") is pleased to announce the
acquisitions of Arctic Pipe Inspection, Inc. of Houston and Arctic Pipe
Inspection, Inc. ( collectively, "API"). Headquartered in Houston, Texas, API
was founded more than 40 years ago by Royce Roberts to provide non-
destructive testing of oil country tubular goods. API currently operates
facilities in Houston, Texas and Deadhorse, Alaska providing
electromagnetic, ultrasonic, weldline and mill inspection services to oil and
gas producers and service providers.
"This acquisition demonstrates ASRC’s continued commitment to the oil and
gas industry," said Rex A. Rock Sr., president and CEO of ASRC. "Over the
last 40 years API has earned a reputation as a customer focused, value-
added service provider. ASRC is committed to maintaining and building on
API’s reputation for superior customer service, while also facilitating
opportunities for growth.""Today is an exciting day for API and its
employees," said Royce Roberts, API founder and retiring president. "I
believe the combination of ASRC’s financial support and relationships within
the oil and gas industry will provide opportunities for growth and expansion
of API’s services."
Concurrent with the retirement of Royce Roberts, Jim Hildebrandt, API’s
long-time vice president of operations, assumed the role of API president
and general manager.
About ASRC
Arctic Slope Regional Corporation is owned by and represents the business
interests of the Arctic Slope Iñupiat. Since opening enrollment in 1989 to
Alaska Natives born after 1971, the corporation’s shareholder base has
nearly tripled, growing from the 3,700 original enrollees to around 12,000
today. Corporate headquarters are based in Barrow, Alaska, with
administrative and subsidiary offices located in Anchorage and throughout
the United States. ASRC, along with its family of companies, is the largest
Alaskan-owned company, employing approximately 10,000 people
worldwide. The company has six major business segments: petroleum
refining and marketing, energy support services, industrial services,
construction, government services and resource development.
acquisitions of Arctic Pipe Inspection, Inc. of Houston and Arctic Pipe
Inspection, Inc. ( collectively, "API"). Headquartered in Houston, Texas, API
was founded more than 40 years ago by Royce Roberts to provide non-
destructive testing of oil country tubular goods. API currently operates
facilities in Houston, Texas and Deadhorse, Alaska providing
electromagnetic, ultrasonic, weldline and mill inspection services to oil and
gas producers and service providers.
"This acquisition demonstrates ASRC’s continued commitment to the oil and
gas industry," said Rex A. Rock Sr., president and CEO of ASRC. "Over the
last 40 years API has earned a reputation as a customer focused, value-
added service provider. ASRC is committed to maintaining and building on
API’s reputation for superior customer service, while also facilitating
opportunities for growth.""Today is an exciting day for API and its
employees," said Royce Roberts, API founder and retiring president. "I
believe the combination of ASRC’s financial support and relationships within
the oil and gas industry will provide opportunities for growth and expansion
of API’s services."
Concurrent with the retirement of Royce Roberts, Jim Hildebrandt, API’s
long-time vice president of operations, assumed the role of API president
and general manager.
About ASRC
Arctic Slope Regional Corporation is owned by and represents the business
interests of the Arctic Slope Iñupiat. Since opening enrollment in 1989 to
Alaska Natives born after 1971, the corporation’s shareholder base has
nearly tripled, growing from the 3,700 original enrollees to around 12,000
today. Corporate headquarters are based in Barrow, Alaska, with
administrative and subsidiary offices located in Anchorage and throughout
the United States. ASRC, along with its family of companies, is the largest
Alaskan-owned company, employing approximately 10,000 people
worldwide. The company has six major business segments: petroleum
refining and marketing, energy support services, industrial services,
construction, government services and resource development.
