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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 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 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 ...
Alyeska Pipeline Service Company began planning for an emergency after heavy flooding in 2019, but some experts worry that it may be too little, too late. Battles to save the Trans-Alaska Pipeline ...
Alyeska Pipeline Service, the partnership among the oil firms that handles the pipeline's operation, made the announcement over the weekend. The news sent crude oil prices higher by over 2% to ...
The slope of permafrost where an 810-foot section of the pipeline is secured has started to shift as it thaws, causing braces holding up the pipeline to twist and bend.
He most recently served as president of Alyeska Pipeline Service Company [9] stepping down from this role in January 2022 after apparent disagreements with the company's new board. [10] McCown served as an advisor to the 2016 presidential transition as a core member of the president-elect Donald Trump's infrastructure policy and agency action ...
Barrett became the President of Alyeska Pipeline Service Company, which operates the Trans-Alaska Pipeline System (TAPS), on January 1, 2011. [4] He retired from the company in December 2019, when fellow former PHMSA-head Brigham McCown was announced as the new president.