Tag: Alaska
Hilcorp Alaska to Purchase BP’s Alaska Business
BP announced that it will soon sell its entire Alaskan business to Hilcorp Alaska, based in Anchorage, Alaska. Under the terms of the agreement, Hilcorp will purchase all of BP's interests in the state for a total consideration of $5.6 billion.The sale will include BP's upstream and midstream business in the state, including BP Exploration (Alaska) Inc., that owns all of BP's upstream oil and gas interests in Alaska, and BP Pipelines (Alaska) Inc.'s interest in the Trans Alaska Pipeline System (TAPS).Bob Dudley, BP group chief executive, said "Alaska has been instrumental in BP's growth and success for well over half a century and our work there has helped shape the careers of many throughout the company.
BLM to analyze proposed production well in Alaska
The Bureau of Land Management (BLM) has announced a Notice of Intent to conduct an environmental review for a proposed oil and gas production well in the 23 million-acre National Petroleum Reserve in Alaska (NPR-A).
BP sells four of its Alaska assets
BP is selling four of its oilfields, located on the North Slope of Alaska, to the exploration company Hilcorp. The sale agreement includes all of BP’s interests in the Endicott and Northstar oilfields and a 50 percent interest in each of the Liberty and the Milne Point fields.
Major companies join for Alaskan resource developm
ConocoPhillips, BP, TransCanada and ExxonMobil have announced that they are working together on the next level of Alaskan resource development through their participation in the Alaska Pipeline Project.
Companies join for Alaskan resource development
ConocoPhillips, BP, TransCanada and ExxonMobil have announced that they are working together on the next level of Alaskan resource development through their participation in the Alaska Pipeline Project.
Shell Alaska drilling permits upheld by EPA
The independent appeals board of the Environmental Protection Agency have upheld final air pollution permits required by Royal Dutch Shell to launch a drilling project in the Arctic waters off the coast of Alaska this summer.
Wärtsilä awarded major Alaskan power plant order
Global supplier of efficient power plant solutions Wärtsilä North American Inc., has been awarded a contract to supply engineering and generating equipment for a new Alaska power plant to be installed.
Buccaneer to operate Cosmo offshore Alaska
Buccaneer Energy will acquire two main production leases in the former Cosmopolitan Unit (Cosmo) from Pioneer Natural Resources Alaska. Buccaneer plans to develop the ice-free, oil and gas field that is located in 50ft water depth in the southern part of the Cook Inlet of Alaska, near the shore at Anchor Point on the Kenai Peninsula.
TransCanada on track with Alaska Project
Per its agreement with the state under the Alaska Gasline Inducement Act, TransCanada Corp. is continuing on schedule to file a public convenience and necessity application with FERC for the Alaska Pipeline Project to transport to Lower 48 markets.
ExxonMobil orders two tankers
Exxon Mobil Corp’s U.S. marine affiliate, SeaRiver Maritime, Inc, has signed a letter of intent with Aker Philadelphia Shipyard for the construction of two U.S. flag, crude oil tankers in partnership with Samsung Heavy Industries.