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BP's ownership in upstream and midstream interests in Alaska includes the Milne Point and Point Thomson fields and Prudhoe Bay oilfield, where BPXA is the operator.
Following oil spills on March 2, 2006 and August 6, 2006, BPXA has announced a temporary shutdown of the Prudhoe Bay oil field.
Under the settlement agreement, BPXA will pay USD29,469,081 to the trust, and the trust will release any and all claims, demands, rights, liabilities and causes of action that have been asserted or could be asserted on behalf of the trust and the unit holders against BPXA, and affiliated companies.
At the time BPXA pleaded guilty to this environmental crime, the company also agreed to a civil settlement involving related claims.
(BPXA), the company currently responsible for forty-three percent of Alaskan oil production, has an abysmal environmental record in Alaska, yet is the loudest pro-ANWR development voice in the oil industry.
Part IV details the daily operations and criminal history of BPXA, and discusses likely environmental effects of oil production in ANWR if conducted by BPXA.
BPXA applied for permits from the United States Army Corps of Engineers (Corps) as required by section 404 of the Clean Water Act (CWA) (101) and section 10 of the Rivers and Harbors Appropriations Act of 1899.
Phone: 569-5000 Fax: 569-5005 Notable Clients: BPXA, Unocal
Notable Clients: Term contract with Alyeska, BPXA, ConocoPhillips Alaska, Unocal and numerous government agencies and private companies.
Accenture has been involved in Alaska since 1996, following the outsourcing of BP Exploration (Alaska) Inc.'s (BPXA) finance and accounting function.
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