Alyeska Pipeline Service Company 2002 and a matching Federal Record of Decision for Right-of-Way was signed on January 8, 2003. Alyeska Pipeline Service Company The Alyeska consortium refers to the major oil companies that own and operate the Trans-Alaska Pipeline System (TAPS) through the Alyeska Pipeline Service Company. The Alaska corporation commonly known as Alyeska Pipeline Company was founded in 1970 to design, construct, operate and maintain a pipeline to transport oil from the fields on the North Slope of Alaska where oil was discovered in 1968 to an ice-free deep-water port in Valdez, AK. The pipeline was built between March 1975 and June
Construction of the Trans-Alaska Pipeline System cost $1.4 billion. The percentage of the pipeline owned by various companies has changed over time, but as of 2009, the primary owner was BP, which controls 46.93 percent of the pipeline. Second is ConocoPhillips Transportation Alaska Inc. with 28.29 percent, followed in order by ExxonMobil (20.34 percent), Koch Alaska Pipeline Company (3.08 percent), and Unocal Pipeline Company (1.36 percent). The pipeline also has had a human toll. Thirty-two Alyeska or contract workers were killed during the construction project. That figure does not include common carrier fatalities. Since the pipeline began operating in 1977, 10 people have been killed while