Combination of Force and Guardian creates
Western Canada's pre-eminent NDT
pipe and tubular inspection and threading services provider
NISKU,
AB, Nov. 21, 2022 /CNW/ - Force Inspection
Services Inc. ("Force" or the "Company"), a leading
Western Canadian oilfield services company specializing in the
inspection, repair, machining and matching of oilfield tubulars,
today announced it has acquired substantially all of the assets,
excluding real estate, of Shawcor Ltd.'s (TSX: SCL) Oilfield Asset
Management operating unit ("Guardian"). The transaction
closed on November 18, 2022.
Founded in 1971, Guardian is one of Western Canada's two largest oilfield tubular
management companies and focuses on the provision of downhole
tubular inspection, repair, and inventory management services to
the Western Canadian energy market. With 200 employees
operating out of six locations in Nisku, Grande
Prairie, Lloydminster,
Brooks, Fort St. John, and Estevan, Guardian's
significant footprint enables it to serve a large and diverse base
of blue-chip customers.
"We are delighted to welcome Guardian's highly skilled operating
team and excellent capabilities to Force," said Kevin Rowand, Chief Executive Officer of Force.
"This is a transformative transaction that combines two of
Western Canada's most proven and
professional NDT teams."
"Moving forward with 300 employees, eight locations, and an
unparalleled and deeply complementary service offering, our
intention is to continue growing and enhancing the breadth and
level of support we can provide to our customers," added Mr.
Rowand. "At a time when demand for oilfield services is expanding
rapidly, the combination of Force and Guardian creates a bigger,
faster, stronger company that can better respond to our industry's
needs."
About Force Inspection
Services
Force Inspection Services Inc. is a Canadian privately owned
company established in 2003 and headquartered in Nisku, Alberta. The Company specializes in the
inspection, repair, machining, and matching of oilfield tubulars.
In addition to in-plant inspection, Force also provides mobile
field services and repairs including bottom-hole assembly ("BHA")
inspection, transverse electromagnetic ("EMI") drill pipe
inspection, refacing, and straightening. Over nearly two decades,
Force has established a strong reputation in the industry for
professionalism, high-quality work, and timely service.
For more information, please contact:
Tom Cetrangolo
Senior
Vice-President, Sales & Marketing
Force Inspection Services Inc.
Email: tcetrangolo@forceinspection.com
Phone: 403-614-2578
SOURCE Force Inspection Services