Badami Changes Hands as APA Acquires Savant Alaska
A $70 million deal makes Badami Unit operator Savant Alaska part of APA Corporation, which has exploration assets nearby on the eastern North Slope.
Oil & Gas
Alaskans Compete for ANWR Leases
While the Alaska Industrial Development and Export Authority enlarged its investments in Arctic National Wildlife Refuge oil leases, Cook Inlet gas producer HEX expanded into the North Slope with rival bids on a couple tracts.
HEX Rebrands Inlet Operator Furie Under Parent Company Colors
Parent company HEX is spreading its brand across Furie Operating Alaska, the Cook Inlet natural gas producer it acquired in 2019.
Alyeschem Breaks Ground on North Slope Petrochemical Factory
Alyeschem broke ground on a North Slope chemical plant to produce methanol and ultra-low sulfur diesel, scheduled for operation by the end of next year.
Ongoing Optimism: Glenfarne Issues ‘Call to Arms’ for Alaska LNG Pipeline
A final investment decision on a North Slope gasline is still months away, but Glenfarne is asking its contractors to have equipment ready for construction before next spring.
Pikka Produces: Santos Announces First Oil
Santos says Phase 1 of its Pikka unit achieved first oil over the weekend, ramping up toward 80,000 barrels per day in the next few months.