Hundreds of businesses have filed plans with the state outlining how they’ll bring out-of-state workers safely into Alaska.
It was the first time Alaskans could provide in-person comments to the Regulatory Commission of Alaska about one of the state’s biggest oil industry deals.
The initiative targets some of Alaska’s oldest and largest oil fields, and it would levy what Robin Brena’s side estimates as an additional $1 billion in taxes on the state’s biggest producers: BP, ConocoPhillips and ExxonMobil.
The agency received dozens of public comments on the issue.
The state commission that regulates public utilities asked the companies for more documents about the purchase and sale.
According to Hilcorp, about 300 BP union workers at Prudhoe Bay will remain in their jobs — at least through the end of their current contract.
In the email, sent after the deal was made public, BP Alaska President Janet Weiss told employees they have three options, including applying for jobs with BP outside Alaska or leaving the company with a severance package.
If you don’t work for an oil company, you might be wondering: Why should I care? And why does this matter? We asked and answered some of the big questions about the Hilcorp-BP Alaska deal.
BP’s exit from Alaska was rumored long before it was officially announced on Tuesday. But that’s not the only reason the company’s $5.6 billion deal with Hilcorp is far from surprising, experts and industry insiders said.
One of Alaska’s “Big Three” oil companies is stepping away from its major role in the state: BP is leaving its position as the company that oversees Prudhoe Bay.