Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result

Alaska oil exploration to support 1,590 jobs, generate $125m in wages

byCustoms Today Report
22/09/2015
in Uncategorized
Share on FacebookShare on Twitter

SEATTLE: Shell Oil, preparing to return its offshore Arctic drilling fleet to Puget Sound as early as next month, has released a study saying that this year and next its controversial Alaska oil exploration program will pump $172.7 million directly into the Puget Sound economy.That spending is expected to support 1,590 jobs and generate $125 million in wages and $312 million in total economic output, which includes direct, indirect and induced impacts, according to an economic impact study released.

“Part of the golden rules of Shell is to make sure that we make the communities in which we work and do our business better,” said Mark Guadagnini, Shell’s vice president of Arctic maritime and logistics. “It’s nice to say that, but you have to do the study and get the facts.”The report does not break out the number of jobs created in Puget Sound, which has been a point of controversy, but rather tallies those jobs in addition to jobs supported by Shell and its contractors in Puget Sound.

You might also like

New transit framework with Iran to position Pakistan as regional trade hub: ICCI

28/04/2026

Pakistan not seeking new financing from friendly countries: Aurangzeb

28/04/2026

The Port of Seattle said that mooring Shell Oil’s Polar Pioneer at Terminal 5 meant 461 jobs, it was reported in June.But nearly half involved either Shell exploration workers who would head north with the rigs, or people who were already on the payroll of the oil company, its local contractor or the port.

Tags: Alaska oil exploration

Related Stories

New transit framework with Iran to position Pakistan as regional trade hub: ICCI

byCT Report
28/04/2026

ISLAMABAD: Islamabad Chamber of Commerce and Industry (ICCI), has warmly welcomed the federal government’s recent decision to facilitate the transit...

Pakistan not seeking new financing from friendly countries: Aurangzeb

byCT Report
28/04/2026

SLAMABAD: Federal Minister for Finance and Revenue Senator Mohammad Aurangzeb has said that Pakistan has no intention to seek new...

Pakistani seafarers set sail on Norwegian-flagged ships under fresh MoU: Junaid Anwar Chaudhry

byCT Report
28/04/2026

ISLAMABAD: Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry welcomed the signing of a memorandum of understanding (MoU) with...

PRA chairman reviews service sector’s revenue targets

byCT Report
28/04/2026

LAHORE: Punjab Revenue Authority Chairman Moazzam Iqbal Sipra chaired a meeting to review progress on revenue targets from the services...

Next Post

LaGrange-Troup county chamber announces 59 high schools for 2015 YLC

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.