ASRC, North Slope Village Corporations and Shell Announce Historic Venture
In a ground-breaking announcement, Arctic Slope Regional Corporation (ASRC) and six (6) North Slope village corporations have joined together to create a new company known as the Arctic Inupiat Offshore, LLC (AIO). AIO and Shell Gulf of Mexico Inc. (Shell) have entered into a binding agreement that will allow AIO the option to acquire an interest in Shell’s acreage and activities on its Chukchi Sea leases. This interest will be managed by AIO.Read More >
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