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{{Infobox company
{{update|date=November 2010}}
⚫
| name = Alyeska Pipeline Service Company
⚫
{{Infobox company|
name = Alyeska Pipeline Service Company|
| logo = Alyeska Pipeline Service Company logo.png
| type =
⚫
logo = File:Alyeska Pipeline Service Company logo.png |
type = |
| foundation = 1970
| location =
company_slogan = |
| hq_location_city = [[Anchorage, Alaska]]
foundation = 1970|
location = [[Anchorage]], [[Alaska]], [[United States|US]] |
| hq_location_country = United States
key_people = |
| key_people =
industry = [[Pipeline transport|Pipeline Services]] |
| industry = [[Pipeline transport]]
revenue = |
| revenue =
net_income = |
| net_income =
num_employees = |
| num_employees =
homepage =
| homepage = {{URL|alyeska-pipe.com}}
}}
}}


The '''Alyeska consortium''' refers to the major oil companies that own and operate the [[Trans-Alaska Pipeline System]] (TAPS) through the '''Alyeska Pipeline Service Company'''.<ref>{{Cite web |url=https://myalaska.state.ak.us/business/soskb/Corp.asp?238145 |title=Archived copy |access-date=2008-11-27 |archive-url=https://archive.is/20121224101447/https://myalaska.state.ak.us/business/soskb/Corp.asp?238145 |archive-date=2012-12-24 |url-status=dead }}</ref>
The '''Alyeska consortium''' refers to the major oil companies that own and operate the [[Trans-Alaska Pipeline System]] (TAPS) through the '''Alyeska Pipeline Service Company'''.<ref>{{Cite web |url=https://myalaska.state.ak.us/business/soskb/Corp.asp?238145 |title=Division of Corporations, Business & Professional Licensing |access-date=2008-11-27 |archive-url=https://archive.today/20121224101447/https://myalaska.state.ak.us/business/soskb/Corp.asp?238145 |archive-date=2012-12-24 |url-status=dead }}</ref>


==History==
==History==
The Alaska corporation commonly known as Alyeska Pipeline Company was founded in 1970 to design, construct, operate and maintain a pipeline to transport oil from the fields on the North Slope of [[Alaska]] where oil was discovered in 1968 to an ice-free deep-water port in [[Valdez, AK]]. The pipeline was built between March 1975 and June 1977, running from the North Slope fields at [[Prudhoe Bay]] to the Marine Terminal at [[Valdez, Alaska|Valdez]] on [[Prince William Sound]]. Alyeska then went on to operate and maintain TAPS. The first oil flowed into the pipeline on June 20, 1977, and the first tanker load departed from Valdez on August 1, 1977.
The Alaska corporation commonly known as Alyeska Pipeline Company was founded in 1970 to design, construct, operate and maintain a pipeline to transport oil from the fields on the North Slope of [[Alaska]] where oil was discovered in 1968 to an ice-free deep-water port in [[Valdez, Alaska]]. The pipeline was built between March 1975 and June 1977, running from the North Slope fields at [[Prudhoe Bay]] to the Marine Terminal at Valdez on [[Prince William Sound]]. Alyeska then went on to operate and maintain TAPS. The first oil flowed into the pipeline on June 20, 1977, and the first tanker load departed from Valdez on August 1, 1977.

''Totem Marine Tug & Barge, Inc. v. Alyeska Pipeline Service Co.'' was argued before the [[Alaska Supreme Court]] in 1978.


The Alyeska Pipeline Service Company was partially responsible for helping to respond to the [[Exxon Valdez oil spill|''Exxon Valdez'' oil spill]]. However, Alyeska Pipeline was unprepared for the events, and consequently slow to respond with cleanup crews and equipment.<ref name=Ferrell2014>Ferrell, O. C., Fraedrich, J., & Ferrell. (2014). Business Ethics: Ethical Decision Making & Cases (10 edition). Stamford, CT, USA: South-Western College Pub. (p. 425-426)</ref> Additionally, shortly before the ''Exxon Valdez'' spill, Alyeska had persuaded the Coast Guard that some safety equipment was not necessary on tankers---equipment that may have reduced the scale of the ''Exxon Valdez'' disaster. September 2017 Alyeska had another spill due to a mix up of piping by long time employees, and dispensed anywhere from 9.5 to 38 barrels of product into the narrows of Valdez.
The Alyeska Pipeline Service Company was partially responsible for helping to respond to the [[Exxon Valdez oil spill|''Exxon Valdez'' oil spill]]. However, Alyeska Pipeline was unprepared for the events, and consequently slow to respond with cleanup crews and equipment.<ref name=Ferrell2014>Ferrell, O. C., Fraedrich, J., & Ferrell. (2014). Business Ethics: Ethical Decision Making & Cases (10 edition). Stamford, CT, USA: South-Western College Pub. (p. 425-426)</ref> Additionally, shortly before the ''Exxon Valdez'' spill, Alyeska had persuaded the Coast Guard that some safety equipment was not necessary on tankers---equipment that may have reduced the scale of the ''Exxon Valdez'' disaster. September 2017 Alyeska had another spill due to a mix up of piping by long time employees, and dispensed anywhere from 9.5 to 38 barrels of product into the narrows of Valdez.


⚫
The thirty-year TAPS State and Federal land leases were due to expire in 2004. The State Lease was renewed for another thirty years on November 26, 2002, and a matching Federal Record of Decision for Right-of-Way was signed on January 8, 2003.
In 2016, Alyeska was ranked as an 8-way tie for 19th best of 92 oil, gas, and mining companies on indigenous rights in the Arctic.<ref>{{Cite web|url=https://www.researchgate.net/publication/313474088_Ranking_Oil_Gas_and_Mining_Companies_on_Indigenous_Rights_in_the_Arctic|title=Ranking Oil, Gas and Mining Companies on Indigenous Rights in the Arctic|last=Overland|first=Indra|date=2016|website=ResearchGate|publisher=Arran|access-date=2 August 2018}}</ref>


In 2019, it was announced that BP will be selling its shares in Alyeska to Houston-based Hilcorp Energy Company<ref>{{Cite web|url=https://www.freightwaves.com/news/getting-inside-the-trans-alaska-pipeline}}</ref>
In 2019, it was announced that BP would be selling its shares in Alyeska to Houston-based [[Hilcorp]].<ref>{{Cite web|url=https://www.freightwaves.com/news/getting-inside-the-trans-alaska-pipeline|title=Getting Inside the Trans-Alaska Pipeline|date=19 September 2019}}</ref>


==Organization==
==Organization==
The major owner of the company is [[BP]] with 46.93% of the shares dating from the acquisition of [[ARCO]]. The other group members are ConocoPhillips Transportation (shares formerly owned by ARCO and acquired by Phillips during its acquisition of ARCO Alaska as part of the settlement between BP and the [[Federal Trade Commission|FTC]]<ref>{{Cite web |url=http://www.ftc.gov/bc/gasconf/comments/shapirocarl.pdf |title=Archived copy |access-date=2009-02-11 |archive-url=https://web.archive.org/web/20090120014800/http://ftc.gov/bc/gasconf/comments/shapirocarl.pdf |archive-date=2009-01-20 |url-status=dead }}</ref>) (28.29%), [[Exxon Mobil]] (20.34%), Koch Alaska Pipeline Company (3.08%), and [[Unocal]] (1.36%). The government responsibility in regulating TAPS is managed through the [[Joint Pipeline Office]] ([https://web.archive.org/web/20050405002913/http://www.jpo.doi.gov/], JPO), a consortium of thirteen federal and state agencies under the [[Department of the Interior]].
The major owner of the company is Hilcorp with 46.93% of the shares dating from the acquisition of [[BP]]. The other group members are ConocoPhillips Transportation (shares formerly owned by ARCO and acquired by Phillips during its acquisition of ARCO Alaska as part of the settlement between BP and the [[Federal Trade Commission|FTC]]<ref>{{Cite web |url=http://www.ftc.gov/bc/gasconf/comments/shapirocarl.pdf |title=Archived copy |access-date=2009-02-11 |archive-url=https://web.archive.org/web/20090120014800/http://ftc.gov/bc/gasconf/comments/shapirocarl.pdf |archive-date=2009-01-20 |url-status=dead }}</ref>) (28.29%), [[ExxonMobil]] (20.34%), Koch Alaska Pipeline Company (3.08%), and [[Unocal]] (1.36%). The government responsibility in regulating TAPS is managed through the [[Joint Pipeline Office]] ([https://web.archive.org/web/20050405002913/http://www.jpo.doi.gov/], JPO), a consortium of thirteen federal and state agencies under the [[Department of the Interior]].


The corporation is named after an [[Aleut people|Aleut]] word meaning "mainland". It is headquartered in [[Anchorage, Alaska|Anchorage]] and has around 900 employees.
The corporation is named after an [[Aleut people|Aleut]] word meaning "mainland". It is headquartered in [[Anchorage, Alaska|Anchorage]] and has around 900 employees.

⚫
The thirty-year TAPS State and Federal land leases were due to expire in 2004. The State Lease was renewed for another thirty years on November 26, 2002, and a matching Federal Record of Decision for Right-of-Way was signed on January 8, 2003.


==References==
==References==
{{Reflist}}
{{Reflist}}
{{More citations needed|date=January 2007}}


==External links==
==External links==
* [http://www.alyeska-pipe.com/ '''Alyeska Pipeline Service Company''' website]
* [http://www.alyeska-pipe.com/ '''Alyeska Pipeline Service Company''' website]
{{Commons category|position=left|Trans-Alaska Pipeline System|<br>Trans-Alaska Pipeline System}}


{{Alaska}}
{{Alaska}}
{{BP}}
{{BP}}
{{Authority control}}


[[Category:Trans-Alaska Pipeline System]]
[[Category:Trans-Alaska Pipeline System]]
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[[Category:1970 establishments in Alaska]]
[[Category:1970 establishments in Alaska]]
[[Category:ARCO]]
[[Category:ARCO]]
[[Category:BP subsidiaries]]
[[Category:Former BP subsidiaries]]

Latest revision as of 19:54, 18 July 2024

Alyeska Pipeline Service Company
IndustriePipeline transport
Gegründet1970
Hauptsitz
Anchorage, Alaska
,
Vereinigte Staaten
Websitealyeska-pipe.com

The Alyeska consortium refers to the major oil companies that own and operate the Trans-Alaska Pipeline System (TAPS) through the Alyeska Pipeline Service Company.[1]

History

[edit]

The Alaska corporation commonly known as Alyeska Pipeline Company was founded in 1970 to design, construct, operate and maintain a pipeline to transport oil from the fields on the North Slope of Alaska where oil was discovered in 1968 to an ice-free deep-water port in Valdez, Alaska. The pipeline was built between March 1975 and June 1977, running from the North Slope fields at Prudhoe Bay to the Marine Terminal at Valdez on Prince William Sound. Alyeska then went on to operate and maintain TAPS. The first oil flowed into the pipeline on June 20, 1977, and the first tanker load departed from Valdez on August 1, 1977.

Totem Marine Tug & Barge, Inc. v. Alyeska Pipeline Service Co. was argued before the Alaska Supreme Court in 1978.

The Alyeska Pipeline Service Company was partially responsible for helping to respond to the Exxon Valdez oil spill. However, Alyeska Pipeline was unprepared for the events, and consequently slow to respond with cleanup crews and equipment.[2] Additionally, shortly before the Exxon Valdez spill, Alyeska had persuaded the Coast Guard that some safety equipment was not necessary on tankers---equipment that may have reduced the scale of the Exxon Valdez disaster. September 2017 Alyeska had another spill due to a mix up of piping by long time employees, and dispensed anywhere from 9.5 to 38 barrels of product into the narrows of Valdez.

The thirty-year TAPS State and Federal land leases were due to expire in 2004. The State Lease was renewed for another thirty years on November 26, 2002, and a matching Federal Record of Decision for Right-of-Way was signed on January 8, 2003.

In 2019, it was announced that BP would be selling its shares in Alyeska to Houston-based Hilcorp.[3]

Organization

[edit]

The major owner of the company is Hilcorp with 46.93% of the shares dating from the acquisition of BP. The other group members are ConocoPhillips Transportation (shares formerly owned by ARCO and acquired by Phillips during its acquisition of ARCO Alaska as part of the settlement between BP and the FTC[4]) (28.29%), ExxonMobil (20.34%), Koch Alaska Pipeline Company (3.08%), and Unocal (1.36%). The government responsibility in regulating TAPS is managed through the Joint Pipeline Office ([1], JPO), a consortium of thirteen federal and state agencies under the Department of the Interior.

The corporation is named after an Aleut word meaning "mainland". It is headquartered in Anchorage and has around 900 employees.

References

[edit]
  1. ^ "Division of Corporations, Business & Professional Licensing". Archived from the original on 2012-12-24. Retrieved 2008-11-27.
  2. ^ Ferrell, O. C., Fraedrich, J., & Ferrell. (2014). Business Ethics: Ethical Decision Making & Cases (10 edition). Stamford, CT, USA: South-Western College Pub. (p. 425-426)
  3. ^ "Getting Inside the Trans-Alaska Pipeline". 19 September 2019.
  4. ^ "Archived copy" (PDF). Archived from the original (PDF) on 2009-01-20. Retrieved 2009-02-11.{{cite web}}: CS1 maint: archived copy as title (link)
[edit]
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