ExxonMobil, BP, ConocoPhillips and TransCanada have begun summer field work as part of their activities associated with a staged pre-FEED (front end engineering design) for the Alaska South Central LNG (SC LNG) project.
This builds upon more than $700 million in past work by the collective companies, including the joint Alaska Gas Producer Pipeline Team effort in 2001-02, the Denali Project and APP (including the State’s contribution through AGIA).
This builds upon more than $700 million in past work by the collective companies, including the joint Alaska Gas Producer Pipeline Team effort in 2001-02, the Denali Project and APP (including the State’s contribution through AGIA).
This commitment to summer field work and other activities will enable the companies to evaluate major future engineering commitments. Towards this goal, a competitive, predictable and durable oil and gas fiscal environment will be required for a project of this unprecedented scale, complexity and cost to compete in global energy markets.
The project companies have completed commercial agreements to support both the summer field work and other activities to further advance the project. The planned summer field work consists of studies to collect and analyze environmental and other scientific data required to support future regulatory filings that are key to the approval of this $45-65+ billion project.
“The summer field work is a key activity to support the project’s engineering, design and cost estimation work while also gathering data required for permitting the project,” said senior project manager, Steve Butt. “It is another significant step forward for the SC LNG project, further demonstrating the commitment and capabilities of the sponsor companies.”