Alyeska Pipeline Service Company Market Research Report

Company Overview

• Name: Alyeska Pipeline Service Company

• Mission: Move oil in a safe, reliable, and responsible manner for their customers, employees, and other stakeholders.

• Vision: To be the premier midstream operating company, delivering TAPS 100.

• Founded: 1970

• Founder: A consortium of oil companies

• Key People:

• John Kurz, President and CEO (since April 2023)

• Lisa Booth, Vice President, Chief Financial Officer

• Greg Youngmun, Vice President, General Counsel

• Hillary Schaefer, Vice President, Operations & Maintenance

• Thomas Marchesani, Vice President, Engineering & Risk

• Allison Iversen, Director, Health, Safety, Environment and Compliance

• Fred Millen, Chief Human Resources Officer

• Michelle Egan, Chief Communications Officer

• Carrie Irwin Brown, Director, Alaska Native Program

• Headquarters: Anchorage, Fairbanks, and Valdez, Alaska

• Number of Employees: Over 700

• Revenue: No information is available

• Known For: Designing, constructing, and operating the Trans Alaska Pipeline System (TAPS), an engineering marvel that transports oil from Alaska’s North Slope to Valdez, which has played a crucial role in the country's energy independence.

Products

• Product: Trans Alaska Pipeline System (TAPS)

• Description: An 800-mile pipeline system transporting crude oil from Prudhoe Bay to Valdez, crossing Alaska's rugged terrain, including mountains and rivers.

• Key Features:

• Transports about 3.86% of the nation’s oil production.

• Originally designed to operate with 12 pump stations; currently, only four are operational.

• More than half of the pipeline runs above ground due to the prevalent permafrost.

• The pipeline operates 24/7 with innovative technology ensuring safety and reliability.

Recent Developments

• Sustainability Initiatives: Alyeska published its 2023 Sustainability Report showcasing environmental stewardship.

• Intern Partnerships: Successful partnerships including an intern program for transitioning Air Force personnel.

• Asset Retirement Recognition: Alyeska was honored for its legacy facility removal work at the Alaska Oil & Gas Association Conference in August 2024.

• Barge Addition: The christening of the Allison Creek barge, moored off of Berth 5 in Valdez as part of SERVS.

• Cultural Inclusion and Philanthropy: Active involvement in community activities such as serving Thanksgiving meals at Russian Jack Elementary for over 25 years and promoting an inclusive workforce with a robust Alaska Native Program.

• Safety and Operational Performance: Achieved a 100% reliability rate in October 2024 with no prorations or deferred barrels.

This report aims to provide an in-depth view of Alyeska Pipeline Service Company, emphasizing its ongoing commitment to operational excellence, innovative practices, and community involvement while ensuring energy transportation in a safe, reliable manner.