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.
The Matanuska-Susitna Borough and the Alaska Industrial Development and Export Authority have signed a Memorandum of Understanding that provides a partnership framework for a phased feasibility analysis of the West Susitna Access.
New protection measures for crab and salmon will restrict timing, depth, and locations of mining operations in Norton Sound.
Alaska’s oil potential is global in scale, and international organizations engaged in exploration or development (or both) have been seizing opportunities they see in the Last Frontier.
The Alaska LNG project has competition.
Alaska’s major oil and gas players (and some newcomers) are investing their faith and money in the Alaska Arctic with new and ongoing projects.
SMS Equipment will host an open house to announce its first Alaska location, marking the official opening of the Anchorage branch on Thursday, April 4 from 10:00 a.m. to 6:00 p.m.