Connect with us

Alaska

Santos CEO says construction at large Alaska oil field is nearly 60% complete

Published

on

Santos CEO says construction at large Alaska oil field is nearly 60% complete


One of Alaska’s largest oil field projects is nearly 60% constructed and will begin producing oil within two years, the head of Santos told a conference room of industry representatives in Anchorage on Thursday.

“By the first half of 2026 we’ll be on our way to sending an additional 80,000 barrels down TAPS (daily),” said Kevin Gallagher, chief executive for the Australia-based oil and gas producer, referring to the 800-mile trans-Alaska pipeline.

Gallagher spoke during a prerecorded presentation at the Alaska Oil and Gas Association’s annual conference.

Advertisement

Gallagher said workers at the $2.6 billion Pikka project have built more than 40 miles of pipeline and installed thousands of support structures to elevate the pipeline above the tundra.

The company has also completed civil work for a seawater treatment plant, he said.

The project employed 2,200 people over the last construction season, he said.

Pikka is located on state land east of the National Petroleum Reserve-Alaska. The project will contribute nearly $7 billion in revenue to the state and North Slope stakeholders, he said.

Pikka is one of two major oil projects in development on the North Slope.

Advertisement

The other, ConocoPhillips’ Willow project in the petroleum reserve, was approved by the Biden administration last year. Oil production is expected to begin there in 2029, peaking at 180,000 barrels daily.

The fields will boost oil flow in the trans-Alaska pipeline, which has fallen about 75% from its peak in the late 1980s to less than 500,000 barrels daily today.

Gallagher said Santos this summer moved its Alaska headquarters, with 225 people, to downtown offices in the newly redesigned former Key Bank Plaza building.

He said 95% of Santos’ employees in North America live in Alaska.

[Inside a company’s bid to make Alaska’s next big oil field lower-carbon]

Advertisement

“We focus on sourcing contracts locally along with provisions that account for union hire,” he said.

Santos is taking “great care to minimize carbon emissions” at Pikka, he said.

The project will use electricity to power many facilities at Pikka, including the drilling rig, he said.

He said Santos is committed to making the project “net-zero” for emissions, referring to the operations of the field. Santos has entered into memorandums of understanding with Alaska Native corporations to deliver carbon offset projects, and has called for capturing emissions from oil field activity and injecting the carbon dioxide underground to help combat climate change.

The company believes a “net-zero” project will be a first for an Alaska oil field, he said.

Advertisement

• • •





Source link

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Alaska

101-year-old woman shares her birthday reflections with Alaska’s News Source

Published

on

101-year-old woman shares her birthday reflections with Alaska’s News Source


ANCHORAGE, Alaska (KTUU) – Norma Aldefer didn’t expect to turn 100. Now, one day after her 101st birthday, she’s even more surprised.

Inside her pristine apartment, Aldefer’s table is full of cards wishing her a happy birthday. She points out a favorite, which reads “You’re how old?”

Celebratory messages from loved ones, along with congratulations from state officials Senator Lisa Murkowski and Governor Mike Dunleavy. Aldefer said last year’s centennial birthday even brought in regards from President Joe Biden.

Aldefer moved to Alaska to marry her husband, who was originally from her hometown. The photograph she has at her side is of her as a younger woman posing with her mother in 1948.

Advertisement
Norma and her parents pose “all dressed up” for family photos.(Olivia Nordyke)

“We took pictures of ourselves and and I’m all dressed up in high heels and a hat and a purse. And my little bag that I was carrying.” Aldefer said she was scared leaving the small farm she grew up on, but by working as a telephone operator for Southwestern Bell, she expanded her horizons.

Multiple times Aldefer stated she’s remained curious all her years. She said it’s the reason she’s been able to maintain herself rather than losing her faculties, and believes it’s the way to feel fulfilled.

“Sometimes people get into things they don’t enjoy, but they think, ‘Oh, I have to make a living.’ Don’t do that. If you’re not comfortable, go do something else,” Aldefer said.

“May not make a good living for a while, but you might enjoy life.”

Aldefer says she still enjoys life, and continues to enjoy a nightly martini alongside cheese and crackers before she begins to cook dinner.

Advertisement

Over the course of the interview, she marveled at her gratitude for her world – calling herself blessed.

“I know I’m not going to be here much probably much longer, but I’ve had such a good life, you know. I’m not afraid of it.”

See a spelling or grammar error? Report it to web@ktuu.com



Source link

Advertisement
Continue Reading

Alaska

Moderate earthquake strikes south-central Alaska

Published

on

Moderate earthquake strikes south-central Alaska


ANCHORAGE, Alaska (KTUU) – A moderate earthquake occurred in south-central Alaska Sunday afternoon, striking at 2:42 p.m.

Its epicenter was located about 24 miles due east of Anchorage with a depth of 18 miles.

No damage or injuries were reported.

See a spelling or grammar error? Report it to web@ktuu.com

Advertisement



Source link

Continue Reading

Alaska

OPINION: CDQ program and pollock fishery are essential to Western Alaska

Published

on

OPINION: CDQ program and pollock fishery are essential to Western Alaska


By Eric Deakin, Ragnar Alstrom and Michael Link

Updated: 1 hour ago Published: 1 hour ago

We work every day to support Alaska’s rural communities through the Community Development Quota (CDQ) program and have seen firsthand the lifeline the program provides to our state’s most isolated and economically vulnerable areas.

Advertisement

This program is one of the most successful social justice programs in the United States, giving rural, coastal communities a stake in the success of the Bering Sea fisheries, and transferring these benefits into community investments. Our fisheries participation provides $80 million to $100 million of programs, wages and benefits into Western Alaska annually, and the full economic reach of the CDQ program is substantially larger when accounting for jobs and support services statewide.

In some communities, CDQs are the largest and only private-sector employer; the only market for small-boat fishermen; the only nonfederal funding available for critical infrastructure projects; and an essential program provider for local subsistence and commercial fishing access. There is no replacement for the CDQ program, and harm to it would come at a severe cost. As one resident framed it, CDQ is to Western Alaska communities, what oil is to Alaska.

Consistent with their statutory mandate, CDQ groups have increased their fisheries investments, and their 65 member communities are now major players in the Bering Sea. The foundation of the program is the Bering Sea pollock fishery, 30% of which is owned by CDQ groups. We invest in pollock because it remains one of the most sustainably managed fisheries in the world, backed by rigorous science, with independent observers on every vessel, ensuring that bycatch is carefully monitored and minimized.

We also invest in pollock because the industry is committed to constantly improving and responding to new challenges. We understand the impact that salmon collapses are having on culture and food security in Western Alaska communities. Working with industry partners, we have reduced chinook bycatch to historically low levels and achieved more than an 80% reduction in chum bycatch over the past three years. This is a clear demonstration that CDQ groups and industry are taking the dire salmon situation seriously, despite science that shows bycatch reductions will have very minimal, if any, positive impact on subsistence access.

The effects of recent warm summers on the Bering Sea ecosystem have been well documented by science. This has caused some species to prosper, like sablefish and Bristol Bay sockeye salmon, while others have been negatively impacted, including several species of crab and salmon. Adding to these challenges is the unregulated and growing hatchery production of chum salmon in Russia and Asia, which is competing for limited resources in the Bering Sea, and increasing management challenges.

Advertisement

Attributing the current salmon crises to this fishery is misguided and could cause unnecessary harm to CDQ communities. Without the pollock fishery, we would see dramatic increases in the cost of food, fuel and other goods that are shipped to rural Alaska. We would also see the collapse of the CDQ program and all that it provides, including a wide array of projects and jobs that help keep families fed and children in school.

The challenges Alaska faces are significant, and to address them we need to collectively work together to mitigate the impacts of warming oceans on our fisheries, build resiliency in our communities and fishery management, and continue to improve practices to minimize fishing impacts. We must also recognize the vital need for the types of community investments and job opportunities that the CDQ program creates for Western Alaska and ensure these benefits are considered when talking about the Bering Sea pollock fishery.

Eric Deakin is chief executive officer of the Coastal Villages Region Fund.

Ragnar Alstrom is executive director of the Yukon Delta Fisheries Development Association.

Michael Link is president and CEO of Bristol Bay Economic Development Corp.

Advertisement

The views expressed here are the writer’s and are not necessarily endorsed by the Anchorage Daily News, which welcomes a broad range of viewpoints. To submit a piece for consideration, email commentary(at)adn.com. Send submissions shorter than 200 words to letters@adn.com or click here to submit via any web browser. Read our full guidelines for letters and commentaries here.





Source link

Continue Reading

Trending