Alyeska Pipeline Service Company
Pipeline transport | |
| Founded | 1970 |
|---|---|
| Headquarters | , United States |
| Website | alyeska-pipe |
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
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
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
The major owner of the company is
The corporation is named after an
References
- ^ "Division of Corporations, Business & Professional Licensing". Archived from the original on 2012-12-24. Retrieved 2008-11-27.
- ^ 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)
- ^ "Getting Inside the Trans-Alaska Pipeline". 19 September 2019.
- ^ "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)
