Home is where the work is: ANC subsidiaries set high standards in oil producing regions.

AuthorGallion, Mari
PositionNATIVE BUSINESS

There is much diversity within the definition of "oilfield services," understood to indicate a company that provides services to the oil industry without producing the oil themselves--a natural fit for Alaska Native Corporations whose workers may have ancestral ties to the land upon which oil producers work.

Several wholly owned subsidiaries of Alaska Native Corporations have found their niches in the oil patch, specializing in services that are vital to keeping Alaska's oil flowing. With a combined commitment to service, safety and shareholders, many Native-owned subsidiaries have become household names, earning distinction--as well as long-running contracts with BP, ConocoPhillips and the like.

However, as a direct result of the diversity of the oilfield service industry, many of these household names are not much more than that--names--to those outside the oil industry. Who are these wholly owned subsidiaries, and what do they do? Although not a complete list, Kakivik Asset Management, CCI Industrial Services, Doyon Drilling and NANA Oilfield Service Co. have each identified and enhanced individual ways of contributing to the lives of their shareholders and the Alaska economy.

Kakivik Asset Management LLC

Kakivik Asset Management LLC is a wholly owned subsidiary of Bristol Bay Native Corp. that specializes in internal and external corrosion inspections, integrity management, quality control and quality assurance, statutory inspections, code compliance inspections, fitness-for-service evaluations, and data management. The majority of Kakivik's work is on the North Slope, but they also have clients in Cook Inlet and on the road system, and have in the past worked in Wyoming, Texas, North Dakota, overseas in United States territories--and are currently doing some work in Australia. Clients include Alaska's major producers as well as industrial, utility and other service providers.

The bulk of Kakivik's effort, according to president Ben Schoffmann, is assessing the current condition of a company's legacy assets--pipelines, tanks, pressure vessels, etc.-to ensure their clients have the information and operating integrity in place to continue performing for years to come. However, Kakivik also assists with new construction projects, making sure that the quality of workmanship for these assets are appropriate and following all required standards. Thus, Kakivik's work, according to Schoffmann, is "not only about just looking for corrosion and other defects...

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