It was a historic day for the State of Alaska and the United States as Governor Bill Walker signed the five-party joint development agreement (JDA) for the Alaska liquefied natural gas (Alaska LNG) project. This historic signing is the most significant step toward finally monetizing Alaska’s vast resources of natural gas. President Donald Trump and President Xi Jinping were present for the signing ceremony at the Great Hall of the People, underscoring the international importance of the agreement.
Eric Rose, formerly of Weiler Products and Caterpillar, has joined Global Diving & Salvage, Inc. as Director of Business Development. He is responsible for the marine service company’s long-term revenue generation, and the support of Global’s regions and service lines, including marine construction, commercial diving, environmental services and marine casualty response.
Kairos, LLC, a subsidiary of NANA WorleyParsons, LLC, has developed and patented the Mobile Arctic Production System (MAPS) that aims to encourage oil exploration and development on the North Slope of Alaska. MAPS provides an ideal solution for marginal oil fields with smaller reserves that may not be economically viable to develop using conventional methods, or as an interim oil production solution prior to full project development.
Every three years, McDowell Group conducts a thorough analysis of the oil and gas industry's economic impact in Alaska, including regional information. Join members of the Anchorage Chamber of Commerce and the Alaska Oil and Gas Association (AOGA) for “Make it Monday” on September 25, 2017 as McDowell Group’s, Donna Logan, describes the latest findings on what has changed for Anchorage since the last report was published in 2014.
As the Alaska Gasline Development Corp. continues working to fulfill almost 100 pages of data requests from federal regulators — with more questions still to come — the state corporation says it “anticipates” receiving a schedule sometime this fall for the North Slope natural gas project’s environmental impact statement.
The Alaska Gasline Development Corp. has started responding to federal regulators’ July 5 data requests for preparation of the project’s environmental impact statement, reporting that it will submit most of the requested information September through December this year — though some data will not be available until January 2018.
In a recent ruling, the U.S. Internal Revenue Service determined the Alaska Gasline Development Corporation (AGDC) qualifies as a tax-exempt political subdivision of the State of Alaska under new and more stringent proposed IRS regulations.
The Department of Natural Resources has issued a decision on ConocoPhillips’ proposed 5th expansion of the Colville River Unit focused on responsible development of oil on state and Arctic Slope Regional Corp. jointly-owned lands. The decision contains key provisions related to commitments to drill and creating jobs for Alaskans.
The Trans Alaska Pipeline System (TAPS) marked its 40th anniversary of operations on June 20, 2017. At 800 miles in length, TAPS is one of the world's largest pipeline systems, an engineering icon that was the biggest privately funded construction project when built in the 1970s.