AIDEA - Alaska Industrial Development and Export Authority

06/08/2026

https://www.adn.com/opinions/2026/06/05/opinion-with-anwr-lease-sales-comes-a-new-era-of-indigenous-self-determination-for-kaktovik-and-the-north-slope-inupiat/

After decades of being spoken over, the only community inside the Arctic National Wildlife Refuge wants real authority in shaping its future.

06/05/2026

📢 PRESS RELEASE | AIDEA Wins Additional Leases in ANWR 1002 Area

AIDEA’s latest ANWR 1002 Area lease acquisition is about more than resource development — it’s about Alaska’s future.

By expanding its position in the Coastal Plain, AIDEA is advancing a long-term opportunity to strengthen energy security, grow economic opportunity, and support jobs for Alaskans!

🗞️ READ PRESS RELEASE HERE >>> https://bit.ly/AIDEApressRelease

🎥 WATCH VIDEO CLIP of community leaders of Kaktovik: https://bit.ly/KaktovikOnANWR

06/05/2026

📢 PRESS RELEASE | AIDEA Wins Additional Leases in ANWR 1002 Area

AIDEA’s latest ANWR 1002 Area lease acquisition is about more than resource development — it’s about Alaska’s future.

By expanding its position in the Coastal Plain, AIDEA is advancing a long-term opportunity to strengthen energy security, grow economic opportunity, and support jobs for Alaskans!

🗞️ READ PRESS RELEASE HERE >>> https://bit.ly/AIDEApressReleases

🎥 WATCH VIDEO CLIP of community leaders of Kaktovik: https://bit.ly/KaktovikOnANWR

06/05/2026

📢 PRESS RELEASE | AIDEA Wins Additional Leases in ANWR 1002 Area
AIDEA’s latest ANWR 1002 Area lease acquisition is about more than resource development — it’s about Alaska’s future.

By expanding its position in the Coastal Plain, AIDEA is advancing a long-term opportunity to strengthen energy security, grow economic opportunity, and support jobs for Alaskans!

READ PRESS RELEASE HERE >>> https://bit.ly/AIDEApressReleases

🎥 WATCH VIDEO CLIP of Kaktovic Leaders >>> https://bit.ly/KaktovikOnANWR

06/03/2026

On May 15, Alyeschem broke ground at Prudhoe Bay on what will be the first petrochemical plant in the US Arctic. A facility that will convert North Slope natural gas and carbon dioxide into methanol and hydrogen, produce ultra-low sulfur diesel locally, reduce CO2 emissions by an estimated 93%, and eliminate roughly 4,000 truck trips per year.

But it all started with an idea.

J.R. Wilcox, President and CEO, is a UAF-trained environmental chemist who spent years building expertise in Alaskan oil and gas before co-founding Cook Inlet Energy and eventually starting Alyeschem in 2015. He stood at the groundbreaking last week and told attendees it took eleven years from "this would be a neat idea" to actually putting steel in the ground.

Craig Graff, COO, is a registered professional engineer with a career built entirely in Alaska's oilfields. From Kuparuk to Prudhoe Bay to Northstar, he knows these fields from the inside out. As the manager responsible for Prudhoe Bay's chemical budget, he was directly responsible for the largest methanol spend in Alaska's oilfields. Now he's helping build the plant that will produce that methanol right here at home.

This project was made possible in part through $70 million in financing from AIDEA - Alaska Industrial Development and Export Authority matched by private investment from BP Energy Partners and McKinley Alaska Private Investment. That's what patient, strategic capital looks like in action.

This is exactly the kind of Alaskan ingenuity and homegrown expertise that DCCED and our partners at AIDEA are proud to support.

05/28/2026

AIDEA INCLUDES ALASKAN VOICES AS PART OF THE CONVERSATION

PRESS RELEASE | AIDEA Board Approves Major Investment to Advance ANWR Coastal Plain Development

Prior to the approval of a major investment to advance development activities in the ANWR Coastal Plain, public testimony was heard, including some from residents and leaders from Kaktovik, the only community located within the 1002 Area of ANWR.

🎥 Watch Video Clip: https://bit.ly/KaktovikOnANWR

The Board’s action authorizes continued planning, seismic work, and stakeholder engagement as part of evaluating development in the Coastal Plain.

READ PRESS RELEASE HERE >>> https://bit.ly/AIDEApressReleases

05/22/2026

PRESS RELEASE - Alyeschem Holds Groundbreaking Ceremony for North Slope Chemical and Fuels Facility Funded by AIDEA

AIDEA staff and Board members were honored to join Alyeschem, industry leaders, and North Slope partners for the groundbreaking of Alaska’s first Arctic petrochemical facility. What an incredible milestone for the North Slope and for Alaska’s future.

Thank you to Alyeschem for hosting a class‑act event in Prudhoe Bay — the energy, the vision, and the collaboration on display made it clear just how transformational this project will be.

We’re proud to stand alongside a team turning innovation into reality, and we can’t wait to see this dream come to life as construction moves forward. Big things are happening on the Slope, and this is only the beginning.

READ PRESS RELEASE HERE >>> https://bit.ly/AIDEApressReleases

WATCH VIDEO HERE >>> https://www.aidea.org/Portals/0/Videos/AIDEA_Aleyschem%20Groundbreaking%20(1080p).mp4?ver=-e_sb8WUCCvJru5REC1U5g%3d%3d

05/02/2026

AIDEA is proud to support local hiring and capacity building in communities like Allakaket!

➡️ Read the full press release: https://bit.ly/AIDEApressReleases

📣 PRESS RELEASE

Field Season Begins Along Ambler Road Corridor and Capacity Building for Allakaket

Field season is back along the Ambler Road corridor—crews are on the ground gathering critical data (geotechnical investigations, hydrology and hydraulics work, fish habitat surveys, and permafrost studies) to advance design, meet environmental commitments, and keep progress moving responsibly.

AIDEA's proud to support local hiring and capacity building in communities like Allakaket—read the full press release at the link for details!

➡️ Read the full press release: https://bit.ly/AIDEApressReleases

04/17/2026

PRESS RELEASE

AIDEA Takes its Work to the Communities that Power Alaska’s Economy!

Last week, the AIDEA Board held a regular meeting in Ketchikan, bringing together federal, state, local, and industry partners to focus on the future of the Ketchikan Shipyard—one of Southeast Alaska’s most important maritime assets.

During the visit, AIDEA leadership and board members met with U.S. Senator Dan Sullivan, U.S. Maritime Administrator Stephen Carmel, and local leaders to discuss opportunities to expand shipyard capacity, support workforce growth, and strengthen Alaska’s maritime industrial base. The group also toured shipyard operations to review ongoing work and future infrastructure needs, with demand already extending into 2026 and 2027.

With strong partnerships and continued investment, the Ketchikan Shipyard remains a cornerstone of good-paying jobs, vessel maintenance for commercial and government fleets, and long-term economic resilience for Southeast Alaska.

🔧⚓ Economic development. Job creation. Responsible stewardship—on the ground and mo .

➡️ Read the full press release: https://bit.ly/AIDEApressReleases