Oil & Gas Pipeline Survey & Inspections 70 year history

Jacksonville, FL
Deep Diving Equipment

Seller Financing Available

Asking Price:$2,500,000
Established Year:1953
ASSET SALES DESCRIPTION

Survey Inspections - Pipeline Oil, Gas & Energy

Pipeline oil & gas service and survey company with current contracts, repeat customers, and solid industry reputation. Service and survey, locate and report on pipeline water crossings for the largest oil & gas pipeline operators in the USA. 50+ years of archived drawings and technical reports available. Client lists and existing contracts.
Three portions of the sale; (1) Pipeline Survey Business (2) Deep Commercial Diving Equipment (3) Real Estate. Offered individually or as a package of any parts.

Existing market covers the Eastern and Central US. Current compliant databases listed with ISNetworld, PEC Safety, Veriforce, Pipeline Testing Consortium, National Compliance, and others as required by our clients. Sellers will help train and qualify Buyers to immediately assume this business.
We locate, survey, and provide CAD drawings with technical reports to oil & gas pipeline operators. We are almost 100% repeat business with contracts in place. This is a unique opportunity for an existing oil & gas service company to enter the pipeline market. It is unique for the marine contractor wishing to add the Energy market. Most equipment is maintained in our warehouse when not in the field so it remains in top condition.
Intellectual property includes over 120 written and audited for compliance, safety programs. There are written procedures for conducting our work and approved by pipeline companies.
We have Market history going back to 1953 and are well known throughout the pipeline industry.


ATTACHED DOCUMENTS
HYDRO_Overview_2024.pdf.pdf Download
Why Buy US - PIPELINE-2024.pdf.pdf Download
MESCO Sale Memo 8-24.pdf.pdf Download

DETAILED INFORMATION
Location
Jacksonville, FL
Facilities
Pipeline oil & gas survey and reporting capabilities for all North American pipeline operators. On-going business with long term and Evergreen contracts. Repeat business for over 60 years. Large archive of CAD and mylar drawings, surveys, and client files. Add the Deepwater market to your existing company, enter the pipeline oil & gas market to win. Locate and survey pipelines in a niche industry where the federal government requires our services and drives customers to us. An excellent revenue stream for a surveying or engineering company.
Financing
Some seller financing available to qualified buyers
Support & Training
Seller will remain with the buyer's company for up to 30 days and will negotiate a consulting agreement for an additional 90 days or longer, if needed. Seller is a National Evaluator for pipeline qualifications and can train and qualify buyer's personnel for all pipeline work. Commercial diving equipment including a small SAT system, 4 diving Bells & more available
Reason for Selling
Owners wish to retire, and bring in young and energetic owners.

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Will Hux
Will Hux