Federal effort to prepare for ANWR lease sale draws big crowd in Anchorage
Anchorage Daily News, Alex DeMarban, May 30, 2018
More than 130 people gathered outside an Anchorage convention center Wednesday to protest the opening of the Arctic National Wildlife Refuge to oil development, as the federal government took public comment inside the building to prepare for a lease sale in the refuge. During early testimony in the Dena’ina Center, some speakers expressed support for leasing, saying oil production from the 19-million-acre refuge would help the state’s petroleum-dependent economy and government.
Our Take: Hats off to Alliance member Steve Post, vice president of North Star Terminal and Stevedore, which provides dock loading services, for representing Alaskans who work in the oil and gas industry with his comments about opening ANWR: “In favor of opening ANWR because: Jobs! Energy! National security!”
Alaska’s China trade mission wraps up with no big gasline news
KTOO Public Media, Rashah McChesney, May 30, 2018
The Bank of China hosted a reception for the delegation — that’s the state-owned bank that could help finance the $45 billion pipeline project. Walker and the delegation also met with Sinopec, the giant state-owned oil and gas company that could be a partner. And the president said that he looked forward to continuing to study the feasibility of the project with Alaska. Then he said this: “After some of the work we did, in terms of assessment and evaluation in technology, economics and in terms of the resources of Sinopec — I think there’s a lot more work for us to be done than originally imagined.”
ConocoPhillips takes Leiv Eiriksson
Upstream, May 31, 2018
Ocean Rig has secured a fresh contract for its semi-submersible rig Leiv Eiriksson with ConocoPhillips under a newly minted frame agreement with the US supermajor. The rig has been taken on a 90-day contract for one firm well, with options for two additional wells, to be drilled off Norway that is set to start in the second half of 2019. No value was disclosed for the deal, though the dayrate for the harsh-environment unit is likely to be higher than that under its current contract with Lundin Petroleum, which was previously reported at around $150,000. It follows the signing of the so-called master services agreement with ConocoPhillips to provide offshore drilling services off Norway over a firm three-year period, with an optional two-year extension.