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Prudhoe Bay

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Prudhoe Bay, inlet of the Beaufort Sea and Arctic Ocean, N Alaska, in the Alaska North Slope region, east of the Colville River delta. In 1968 one of the largest oil reserves in North America was discovered in Prudhoe Bay. The ensuing trans-Alaskan oil pipeline built there connects Prudhoe Bay to Valdez Valdez , city (1990 pop. 4,068), Valdez-Chitina-Whittier census div., S Alaska, at the head of Valdez Arm inside Prince William Sound; inc. 1901. It has tourist, mining, and fishing industries, as well as salmon spawning grounds.
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, Alaska. Despite the harsh climate, drilling activity and the oil industry have led to increasing development and settlement of the Prudhoe Bay area.

Prudhoe Bay

Small inlet of the Beaufort Sea, northern Alaska, U.S. It has been the centre of oil-drilling activities since the discovery in 1968 of vast petroleum deposits on Alaska's North Slope. The Trans-Alaska Pipeline links the area to Valdez on Prince William Sound.



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In recent years, BP has been under fire in Alaska for corroded oil pipelines that led to leaks and shutdowns of production at Prudhoe Bay.
Graves also has worked on nuclear power plants, coal and chemical plants from Prudhoe Bay to Saudi Arabia.
Higher oil prices meant the group still saw a 15% gain in annual profits, although the year was tarnished by a series of high-profile problems, including the temporary shutdown of its large Prudhoe Bay oil field in Alaska.
 
 
 
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