URS Corporation – “Arctic Smart” engineering and environmental services
Dec18

URS Corporation – “Arctic Smart” engineering and environmental services

URS Alaska is a team of over 175 engineers, scientists, planners, and support staff located primarily in offices in Anchorage and Fairbanks. URS provides “arctic-smart” engineering and environmental services for the complete project life-cycle from permitting and design through production and closure. Headquartered in San Francisco, URS ‘s oldest predecessor company was founded in 1904. The company went through many names before becoming URS in 1968. It is now a worldwide corporation with 50,000 employees in nearly 50 countries, providing engineering, construction and technical services for private sector companies and public agencies. To learn about URS Corporation, their services and more, visit...

Read More
Alaska’s largest locally owned bank
Dec18

Alaska’s largest locally owned bank

Our people make the difference. Alaskan-owned and operated since 1922, First National proudly meets the financial needs of Alaskans with ATMs and 30 branches in 18 communities throughout the state. With more than $3 billion in assets, the bank has capital to fund loans, both large and small, for Alaska businesses. Backed by the bank’s financial strength, more than 650 local bank experts live and work shoulder to shoulder with their neighbors in communities across the state, responding quickly and knowledgably to the banking needs of their fellow Alaskans. The banking experts at FNBA put powerful business banking solutions at the fingertips of Alaska’s business owners and managers. For instance, business online banking saves time, improves cash flow and streamlines cash management procedures in a fully secure environment. The bank’s online cash management service gives business customers 24-hour, real-time access to their accounts. Businesses can view account information, move funds, check transactions, plus initiate stop payments, wire transfers and ACH transfers. Visit FNBAlaska.com for more information about Alaska’s largest locally-owned bank and access to efficient and secure online and mobile banking...

Read More
Hawk Consultants LLC – Project management for Alaska
Dec18

Hawk Consultants LLC – Project management for Alaska

Formed in 1985 in Anchorage, Hawk Consultants LLC specializes in project management services. Serving the energy industry, public sector and private organizations on projects from concept to completion, Hawk provides staff augmentation, technical consulting services and dispute resolution/claims consulting. Owned and managed by professionals with years of experience in their field, Hawk delivers hands-on service to their clients. In their own words, “We understand the framework and implementation of planning, engineering, and construction, and have the technical and people skills necessary to deliver successful projects. There’s much more to Hawk. To read more about their projects and services, visit...

Read More
LNG 101 week nine: Spot Market Pricing and Economics
Dec09

LNG 101 week nine: Spot Market Pricing and Economics

Spot Market: A public financial market in which financial instruments or commodities are traded for immediate delivery. Spot markets can operate wherever the infrastructure exists to conduct a transaction. The LNG spot market began to develop in the 1990s. Extra capacity caused by the start-up of new projects and the expiration of old contracts at existing facilities led to LNG cargo becoming available for purchase on a short-term basis. The use of LNG to meet seasonal demand by countries like Spain and Korea also contributed to the growth of the LNG spot market. Due to the flexibility of the LNG product, the history of its growth in the spot market has been affected by many things including plant shutdowns and natural disasters. Hurricane Katrina and the Fukishima disaster both caused LNG cargoes to be diverted, leading to significant price increases in European gas. LNG spot trading typically takes place when there is extra capacity in the infrastructure (liquefaction, LNG tankers and regasification facilities) and a large number of players buying on the market. The LNG spot market is made up of both short-term deals of less than 1 year (though some participants in the LNG market consider anything less than 4 years a “short-term deal”) and trades that involve only one cargo. The LNG spot market is beginning to take a share of the overall LNG trading market, currently about 20 percent of the total. In 2012, the total volume of LNG traded globally was 223 million tons. Some industry analysts are projecting that short-term LNG trade will increase by 11 percent per year through 2015. Even though there has been significant growth in the LNG spot market, long term contracts still dominate the LNG market since these contracts finance the infrastructure that is required. In the last few years, the main markets where LNG is traded over the spot-market are the United Kingdom and Asian countries like Japan, Korea, Taiwan and China. The main LNG sup­pliers for the market have been Qatar, Australia, Indonesia, Trinidad and Nige­ria. Some multi-national oil companies and investment banks are developing trading houses in places like London and Houston to serve the LNG spot cus­tomers from Europe and Asia.   A snapshot of today’s LNG spot market shows that spot LNG prices are climb­ing in Asia due to strong winter demand from China, Japan and South Korea. China’s LNG imports are increasing rap­idly as several of their new LNG receiving terminals come on line. At the same time, South American demand has decreased. Argentina and Chile are demanding less as they enter into their summer season. A common contract used in the spot market trade is...

Read More
Northern Industrial Training – Training Alaskans for Promising Careers
Dec09

Northern Industrial Training – Training Alaskans for Promising Careers

Northern Industrial Training (NIT) is an Alaskan family-owned and operated company offering a multitude of innovative solutions for resource development industries. NIT prides itself on a customer service and client-focused approach providing corporate services including safety audits, records tracking, training coordination, employee leasing, and program development. NIT’s vocational career training programs include truck driving, welding, safety, and project management. NIT travels to any location whether it is drilling sites, remote communities, or worksites offering safety consultations, client specific training, or regulatory and compliance training courses. A proud supporter of our nation’s armed services, NIT has an active Veterans Training Program to help our nation’s military members build upon current skills, learn new skills and translate skillsets to the civilian world. NIT’s staff is knowledgeable and proactive in helping to answer questions, assist in enrollment and support individuals along the way. To learn more about NIT and the programs and trainings offered, visit...

Read More