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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%).
About half of BP's employees in Alaska transitioned with the takeover. [9] Exxon transferred operations in Point Thompson to Hilcorp in 2021 though it maintains a 60% ownership of the facilities. [10] The company owns the largest share of the Trans-Alaska Pipeline System, [11] after purchasing BP's 49% stake in 2019. [12] [13]
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 ...
Morrison–Knudsen (MK) was an American civil engineering and construction company, with headquarters in Boise, Idaho. [7] [8]MK designed and constructed major infrastructure throughout the world and was one of the consortium of firms that built Hoover Dam, San Francisco–Oakland Bay Bridge, the Trans-Alaska Pipeline, and many other large projects of American infrastructure.
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 ...
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