BP Leaves Big Shoes to Fill

BP Leaves Big Shoes to Fill

The sale encompasses 100 percent of BP’s Alaska interests, which includes its midstream and upstream assets, BP Pipelines’ interest in the Trans Alaska Pipeline System, and a cluster of Arctic Slope Regional Corporation units located within the Arctic National Wildlife Refuge.

Oil Season

Oil Season

Fall is well underway, and with it signs that Alaska’s oil and gas industry is busy preparing for the 2019-2020 winter drilling season.

BP to Sell Alaska Business to Hilcorp

BP to Sell Alaska Business to Hilcorp

BP announced that it has agreed to sell its entire business in Alaska to Hilcorp Alaska, based in Anchorage. Under the terms of the agreement, Hilcorp will purchase all of BP’s interests in the state for a total consideration of $5.6 billion.

Eni Expands

Eni Expands

After making a relatively low-key entry into Alaska’s oil scene, Italian company Eni is quietly making a splash in global energy circles, including the North Slope oil patch.