BP, ExxonMobil in Alaska LNG Deal

Laxman Pai
Wednesday, March 13, 2019

Alaska Gasline Development Corp (AGDC) has signed an agreement with BP and Exxon Mobil to help advance the state-owned company's proposed $43.4 billion Alaska liquefied natural gas (LNG) project.

According to the agreement, the concerned parties would work together to identify ways to improve the Alaska LNG project ’s competitiveness, and progress the Federal Energy Regulatory Commission authorization to construct the project.

AGDC Interim President Joe Dubler said, “Our respective organizations share an interest in the successful commercialization of Alaska’s stranded North Slope natural gas. BP and ExxonMobil possess world-class LNG expertise which may help AGDC responsibly advance this project with maximum efficiency for the benefit of Alaskans, and I welcome their collaboration.”

AGDC is an independent, public corporation of the State of Alaska. Advancing the development and construction of a North Slope natural gas pipeline and LNG export project is its top priority.

"Alaska LNG will safely and efficiently develop Alaska's vast North Slope natural gas resources for the benefit of the state and its people," said the company.

Categories: LNG Gas

Related Stories

Borr Drilling's Mexican JV Expands Fleet with Five Jack-Ups

Keppel Launches $2.9B Program to Monetize Legacy Offshore Drilling Rigs

QatarEnergy Prolongs LNG Force Majeure, Charters Out Tankers

Energean Lifts Karish Fields FPSO Oil Processing Capacity

Inpex Starts Construction of Indonesia's Abadi LNG Project

Ruwais LNG Commitments Top 90% Capacity with New INPEX Deal

Explosion at Qatar's Ras Laffan LNG Hub Injures 54, Leaves 18 Missing

Inpex’s Ichthys LNG Strike Persists as Fair Work Hearing Gets Postponed

ADNOC Looks to Canada for Upstream and LNG Growth Through XRG

Ichthys LNG Strike Intensifies as Union Talks with Inpex Collapse

Current News

FPSO for Azule Energy’s Angola Offshore Field Starts Taking Shape in China

Borr Drilling's Mexican JV Expands Fleet with Five Jack-Ups

Keppel Launches $2.9B Program to Monetize Legacy Offshore Drilling Rigs

Saipem Cuts Earnings Outlook as Middle East Costs Rise

Serica Energy Agrees $194M Pharos Energy Acquisition

Oil Eases After Topping $100, Still Set for Weekly Rise

BP Moves Indonesia CCUS Project Into Offshore Installation Phase

Eni-Petronas JV Starts Indonesia-Bound FPSO Construction

QatarEnergy Prolongs LNG Force Majeure, Charters Out Tankers

Chevron Enlists Velesto’s Jack-Up Rig for Drilling Job off Malaysia

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com