Search results
Results From The WOW.Com Content Network
The construction of the Trans-Alaska Pipeline System included over 800 miles (1,300 km) of oil pipeline, 12 pump stations, and a new tanker port.Built largely on permafrost during 1975–77 between Prudhoe Bay and Valdez, Alaska, the $8 billion effort required tens of thousands of people, often working in extreme temperatures and conditions, the invention of specialized construction techniques ...
The core pipeline itself, which is commonly called the Alaska pipeline, trans-Alaska pipeline, or Alyeska pipeline, (or The pipeline as referred to by Alaskan residents), is an 800-mile (1,287 km) long, 48-inch (1.22 m) diameter pipeline that conveys oil from Prudhoe Bay, on Alaska's North Slope, south to Valdez, on the shores of Prince William ...
The major owner of the company is Hilcorp with 46.93% of the shares dating from the acquisition of BP.The other group members are ConocoPhillips Transportation (shares formerly owned by ARCO and acquired by Phillips during its acquisition of ARCO Alaska as part of the settlement between BP and the FTC [4]) (28.29%), ExxonMobil (20.34%), Koch Alaska Pipeline Company (3.08%), and Unocal (1.36%).
The gas line agency is home to some of the highest-paid executives in Alaska, including top earner Frank Richards, the agency's president. Richards' salary in 2023 was $389,000, Fitzpatrick said.
Davidson Ditch is a 90-mile (140 km) conduit built in the 1920s to supply water to gold mining dredges in central Alaska.It was the first large-scale pipeline construction project in Alaska, and lessons learned in its construction were applied to the building of the Trans-Alaska Pipeline System.
The data was used to help with building the new gas pipeline which was to be buried instead of above ground like the oil pipeline. The tests were also verified in labs as late as 1991, 10 years later. Building an LNG facility would not work in the North Slope as there is only a 3-month window for tankers to move the gas.
The Trans-Alaska Pipeline Authorization Act of 1973 is a United States federal law signed by US President Richard Nixon on November 16, 1973, that authorized the building of an oil pipeline connecting the North Slope of Alaska to Port Valdez.
Image source: The Motley Fool. ConocoPhillips (NYSE: COP) Q4 2024 Earnings Call Feb 06, 2025, 12:00 p.m. ET. Contents: Prepared Remarks. Questions and Answers. Call ...