Oil & Gas
Alaska runs on oil. From providing jobs to contributing directly and indirectly to economies statewide, oil and gas companies are crucial to Alaska’s fiscal well-being. Alaska Business is an advocate for responsible resource development and as such we report on the oil and gas industry as it pursues projects that are environmentally sound, benefit local communities, and are profitable.
Latest Oil & Gas News
The Alaska Industrial Development and Export Authority Board approved a resolution that enables AIDEA to modify terms of its loans related to development of the Southern Miluveach Unit (known as the Mustang Field).
McCown is the second company president hired as an Alyeska employee following Vice Admiral Thomas Barrett, USCG (Ret.), who was brought on in January 2011 and is retiring.
Ahtna Petrochemical Products, a subsidiary of Ahtna Netiye’, has acquired twenty-three acres of North Slope pad space to support operational and logistical needs of the oil and gas industry in Alaska.
Most experts indicate that the Last Frontier has turned the corner and in 2020 will claw its way out of the recession that started several years ago. However, the recovery is not expected to be uniform, as Anchorage remains in recession and many of the impacts of the state’s budget cuts have yet to play out.
Oil and gas exploration companies offered $7.8 million for the rights to search for oil on 154,610 acres of state land on Alaska’s North Slope and Beaufort Sea, according to results from the 2019 oil and gas lease sale conducted by the Division of Oil & Gas.
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TDX Corporation, announced that Tina Woods, PhD, has been appointed as Chief Administrative Officer. In her new role, Woods will be responsible for overall leadership of the TDX Support Services Center.
Cook Inlet Tribal Council (CITC) is proud to announce the appointment of its new Chief Technology Innovation Officer (CTIO), Hans Roeterink of Seattle.
Kristi Williams joined Calista Corporation as the Government Relations Manager this summer. Prior to her employment with Calista, Williams owned a consulting firm in Anchorage that specialized in Alaska Native tribal advocacy.
Spotlight Business Profiles
The Alaska Maritime Prevention & Response Network
Altman, Rogers & Co.
National Cooperative Bank
PIP Marketing, Signs, Print
Arctic Office Products
AFF Global Logistics
Thomas Head & Greisen, PC
Alaska Safety Alliance
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In This Issue
The Marx Bros. Café
Jack Amon and Richard “Van” Hale opened the doors of the Marx Bros. Café on October 18, 1979; however, the two had already been partners in cuisine for some time, having created the Wednesday Night Gourmet Wine Tasting Society and Volleyball Team Which Now Meets on Sunday, a weekly evening of food and wine. It was actually the end of the weekly event that spurred the name of the restaurant: hours after its final service, Amon and Hale were hauling equipment and furnishings out of their old location and to their now-iconic building on Third Street, all while managing arguments about equipment ownership, a visit from the police, and quite a bit of wine. “If you’ve ever seen the movie ‘A Night at the Opera” starring the Marx Brothers, that’s what it was like,” Hale explains.