![]() ![]() ![]() Related infrastructure would include a production facility and pipelines, Repsol said in a statement. The companies said they would make efforts to offset and reduce fossil-fuel emissions, including through use of natural gas instead of diesel fuel during operations.įully developing the first phase will involve drilling 45 wells from a single well pad. Mike Dunleavy said it “will continue the renaissance on Alaska’s North Slope.” Governor Mike Dunleavy calls Pikka part of a renaissance on Alaska’s North Slope. To that end, Santos made agreements with Native corporations to deliver carbon offset projects. ![]() So dont take it for granted, give every training session and match day 100 and make sure you enjoy yourself. Whether thats through old age, falling out of love with the game or some other way. Pikka Phase 1 includes a single drill site, an oil processing facility, and other infrastructure to support production of 80,000 barrels of oil per day. Eventually every coaches journey will come to an end. We're on track to deliver first oil in 2026. Lisa Murkowski and Dan Sullivan lauded the plans for the Pikka project. Santos is counting on low carbon emissions from Pikka production, a part of the company’s goal of net zero by 2040. We're working to deliver Pikka Phase 1, one of the lowest-cost and lowest unabated emissions intensity new oil projects globally. Development could also generate billions of dollars in state and local tax revenue, primarily through royalties to the state.Īnother major North Slope oil prospect, ConocoPhillips’ Willow project, has been delayed by litigation and a new environmental review.Īlaska U.S. If developed, the field on state land east of the National Petroleum Reserve-Alaska could significantly boost the flow of oil through the trans-Alaska pipeline system. Santos, in a statement, said the funds will cover the initial phase of development at the Pikka field, with 80,000 barrels of oil daily expected to begin flowing in 2026. Come visit a hidden gem on Pineapple Street Full service restaurant, bar, and cafe serving breakfast, lunch, and dinner 7 days per week. Santos last year acquired Oil Search of Papua New Guinea, which had been working to advance the project. Sottocasa Pizzeria 357 reviews Closed Now Italian, Pizza - Menu Birra Saluti Very tasty pizza 2022 2. Santos has a 51% stake in the Pikka project, and the company said Tuesday that its investment will be $1.3 billion. Two oil and gas companies have announced plans to invest $2.6 billion into developing a major oil field on Alaska’s North Slope.Īustralia-based Santos and Spain-based Repsol made the announcement, which was lauded by state political leaders, the Anchorage Daily News reported. ![]()
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