The pipeline is still in fundamentally sound shape and has a few maintenance properties that would be remarkable if it was an old car: the pipeline requires a smaller maintenance staff to keep it running than it used to, and it’s gotten safer and less leaky as it has aged.
Looking behind the scenes of the oil and gas industry, it quickly becomes apparent that it requires a lot of moving parts to keep things running smoothly.
There are a lot of reasons to build with reclaimed materials, from lower costs to decreased environmental impact to the fact that they can be used to truly customize a project.
The sale encompasses 100 percent of BP’s Alaska interests, which includes its midstream and upstream assets, BP Pipelines’ interest in the Trans Alaska Pipeline System, and a cluster of Arctic Slope Regional Corporation units located within the Arctic National Wildlife Refuge.