Doyon, Limited Exits Joint Venture with Anvil Corporation
Doyon, Limited is selling its stake in oil field engineering firm Doyon Anvil, a joint venture with Bellingham, Washington-based Anvil Corporation.
Doyon, Limited is selling its stake in oil field engineering firm Doyon Anvil, a joint venture with Bellingham, Washington-based Anvil Corporation.
Area-wide lease sales for the North Slope and Cook Inlet brought an estimated $8 million to the State of Alaska, an increase over last year but not the major bump that new Inlet royalty terms were supposed to stimulate.
A $25 million grant will expand the North Slope fiber network, bringing high-speed internet to the community of Nuiqsut.
The crew sent to fix the Quintillion undersea cable encountered ice, difficult currents, and a food shortage in its effort to fix the link.
The first of their kind on the North Slope, two 100-kW wind turbines will power the warehouse at the Doyon Drilling pad in Deadhorse.
Repair vessel IT Integrity is in position to fix Quintillion’s fiber optic cable at the bottom of the Arctic Ocean that was severed by sea ice in June.
The majority of North Slope infrastructure is financed, constructed, and maintained by private entities to support their oil exploration and production activities. Despite North Slope explorers and operators always having an eye on efficiency, some infrastructure (such as processing facilities) isn’t well suited for sharing among multiple companies. However, other infrastructure does lend itself to common use, such as roads and pipelines.
Arctic villages scrambled for internet alternatives after a subsea fiber optic cable was cut. Luckily, a new satellite option became available just months ago.
Lynden’s team in Deadhorse delivered packaged housing units to Point Lay, a 990-mile round trip over tundra trails.
Construction begins this year, with drilling next year, at ConocoPhillips’ Nuna project, just east of Colville River, using a drill site in the Kuparuk River Unit.