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Petroleum Service Corporation to acquire Fryoux Tankerman Service

Dec. 17, 2020
Addition of certain assets, operations of Norca LA-based tankerman to expand PSC services along U.S. Gulf Coast

Petroleum Service Corporation (PSC) is set to acquire certain assets from Fryoux Tankerman Service.

PSC is a North American leader in tankerman services, product handling and site logistics for the petrochemical and refining industries.

“The acquisition of Fryoux Tankerman Service furthers our commitment to providing a steady supply of professional, well-trained tankermen to meet the needs of our customers,” said Josh Dixon, PSC vice president of marine operations. “Tankermen staffing shortages can create costly supply chain delays, and with the combination of these two industry leaders, our customers can rest assured knowing PSC is ready to answer the call whenever and wherever a tankerman is needed.”

Based in Norco LA, Fryoux has served customers along the U.S. Gulf Coast since 1967, when it was founded as the second shoreside tankerman service, behind PSC. As part of the recently signed agreement, the transaction will include PSC absorbing Fryoux’s tankerman operations along the Gulf Coast.

Jimmy Fryoux, president of the third-generation, family-owned company built by his grandfather and father, will join PSC’s marine operations team as an advisor, the company said.

“Like PSC, Fryoux has a long-standing reputation for quality service, safety and environmental protection, and their experience and expertise will serve as excellent supplements to our existing capabilities,” said PSC CEO Joel Dickerson. “We welcome Jimmy and the rest of the Fryoux team to PSC and look forward to leveraging our enhanced footprint to better serve our customers.”

Added Jimmy Fryoux: “PSC’s track record of success and service excellence is unmatched in the industry. With the size and scope of the company’s marine and plant operations, I’m excited about the opportunities our employees will have moving forward as members of the PSC family.”

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