Alaska LNG Agreement with BP & ExxonMobil
Digital rendering of the Alaska LNG liquefaction facility.
AGDC
The Alaska Gasline Development Corporation (AGDC) signed an agreement with BP and ExxonMobil to collaborate on ways to advance the Alaska LNG project by working together to identify ways to improve the project’s competitiveness, and progress the Federal Energy Regulatory Commission authorization to construct the project.
AGDC Interim President Joe Dubler said, “Our respective organizations share an interest in the successful commercialization of Alaska’s stranded North Slope natural gas. BP and ExxonMobil possess world-class LNG expertise which may help AGDC responsibly advance this project with maximum efficiency for the benefit of Alaskans, and I welcome their collaboration.”
State Nets $17.5M in North Slope Lease Sale
Eleven companies bid $17.5 million for 287 tracts, covering 519,000 acres, for the largest state North Slope lease sale in a decade.
Santos Manager Steps Up to Lead Alaska Oil and Gas Association
The successor for Kara Moriarty as President and CEO of the Alaska Oil and Gas Association is Steve Wackowski, her predecessor as Senior Advisor for Alaskan Affairs at the US Department of the Interior.
MEA Promotes Manager to Chief Financial Officer
Matanuska Electric Association selected Kim Henkel to succeed Matt Reisterer as CFO, effective with the new year.
Also in this issue: building a company and planning an exit strategy; several ESOPs, and UAS’ foray into a new model for tuition. Enjoy!