Hilcorp Completes $1B Purchase of Eni’s North Slope Assets
Hilcorp takes over the Oooguruk and Nikaitchuq near-offshore units from Italian energy company Eni SpA in a deal valued at $1 billion.
Tag: North Slope
ConocoPhillips Acquires Chevron’s Remaining North Slope Assets
ConocoPhillips signed a $300 million purchase agreement for Chevron’s 5 percent interest in the Kuparuk River Unit and 1.2 percent share of Prudhoe Bay.
Alyeschem Methanol Plant Gets Boost from North Slope Borough
Alyeschem has support from the North Slope Borough and a funding commitment from the Alaska Industrial Development and Export Authority for an Arctic petrochemical plant.
ConocoPhillips Alaska Update: Plans for Greater Mooses Tooth 2, Nuna, and Willow
ConocoPhillips announced in December 2023 a Final Investment Decision to move forward with the Willow project, while construction continues in 2024 on the Nuna project. The company updates us on some of the most anticipated North Slope developments.
The Community Winter Access Trail
CWAT is an almost-but-not-quite highway that connects North Slope villages to the Dalton Highway during late winter. Meet the crews that build it and the companies that use it.
Doyon, Limited Exits Joint Venture with Anvil Corporation
Doyon, Limited is selling its stake in oil field engineering firm Doyon Anvil, a joint venture with Bellingham, Washington-based Anvil Corporation.
$8M from Combined State Slope, Inlet Lease Sales
Area-wide lease sales for the North Slope and Cook Inlet brought an estimated $8 million to the State of Alaska, an increase over last year but not the major bump that new Inlet royalty terms were supposed to stimulate.
Grant Funds Expansion of North Slope Fiber
A $25 million grant will expand the North Slope fiber network, bringing high-speed internet to the community of Nuiqsut.
Challenging Quintillion Cable Repair Complete
The crew sent to fix the Quintillion undersea cable encountered ice, difficult currents, and a food shortage in its effort to fix the link.
Doyon Installs Wind Turbines at Deadhorse
The first of their kind on the North Slope, two 100-kW wind turbines will power the warehouse at the Doyon Drilling pad in Deadhorse.