ANCHORAGE, Alaska — A company seeking to develop a large oil project on Alaska’s North Slope has won a key federal permit. Oil Search estimates the project could produce about 120,000 barrels of oil per day. Its project is in an area seen as a new hot spot for oil activity on the western North Slope, with ConocoPhillips also pursuing projects in the region. Oil Search has made several changes to address the village’s concerns. Oil Search Alaska President Keiran Wulff in a statement said the company is committed to “close collaboration with the people and organizations of Nuiqsut.”

Source: National Post May 26, 2019 16:42 UTC