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April 23, 2022
PND Engineers Inc. said recently that two of its past presidents, Dennis Nottingham PE and David Pierce PE SE, passed away in early 2022. Nottingham, co-founder of PND, died March 6. He was 84 years old. Born in 1937 in Fort Benton, Montana, Nottingham is one of the most influential engineers in Al...
April 23, 2022
The Alaska Division of Oil and Gas has issued a call for new information for three upcoming lease sales: the 2022 Beaufort Sea, North Slope and North Slope Foothills areawide sales. The division said April 15 that sales for these areas are tentatively scheduled for the second half of 2022 and is re...
April 23, 2022
In an April 21 quarterly report for the three months ending March 31, Oil Search owner Santos reaffirmed its guidance on its northern Alaska Pikka project, saying Pikka Phase 1 has received all major environmental and regulatory approvals and is on track to be ready for a final investment decision b...
April 23, 2022
Eni US Operating Co. Inc. designed its facilities at the Nikaitchuq unit to handle 40,000 barrels per day. With some tinkering, they could be expanded to 50,000 barrels per day. But right now, after 11 years of productive life, the offshore unit in the coastal waters of the Beaufort Sea north of Oli...
April 23, 2022
Hilcorp North Slope, the Prudhoe Bay operator, has brought in a new workover rig at the field and has faced some issues with the Alaska Oil and Gas Conservation Commission on test fluids and a seasonal work window for the rig. In an April 7 decision and an April 12 order on reconsideration, AOGCC a...
April 23, 2022
December 2021 marked the proud 40th anniversary of the Kuparuk oil field, a significant event in the history of not only ConocoPhillips but also the State of Alaska and the U.S. oil industry. On Dec. 13, 1981, ARCO Alaska announced first production from Kuparuk, which at the time was the second la...
April 21, 2022
The state Department of Environmental Conservation on Wednesday said the Highly...
April 21, 2022
JCDecaux (EPA:DEC – Get Rating) has been assigned a €22.70 ($24.41) price objective by research analysts at JPMorgan Chase & Co. in a report issued on Wednesday, Borsen Zeitung reports. JPMorgan Chase & Co.‘s target price would suggest a potential upside of 13.16% from the company’s previous close. Other research analysts have also issued reports […]
April 19, 2022
Moody’s Investors Service (“Moody’s”) has downgraded the Government of Sri Lanka’s long-term foreign currency issuer and senior unsecured debt ratings to Ca from Caa2. The outlook is stable. The decision to downgrade the ratings is driven by the authorities’ announcement of debt servicing suspension [1] on external public debt repayments, which will lead to a...
April 15, 2022
Representatives of Hilcorp Alaska, operator of the Beluga River gas field on the west side of Cook Inlet, told the Alaska Oil and Gas Conservation Commission at an April 12 hearing that the company expects to see a substantial increase in production from new wells planned for this summer. Beluga Ri...