Two Cook Inlet oil rigs to shut down

Posted: Thursday, October 31, 2002

KENAI - Two Cook Inlet Unocal oil platforms will shut down within the next six months as the company reduces its scale.

The company is taking a look at how to downsize in an effort to become more profitable, said spokeswoman Roxanne Sinz.

"We have functions in Kenai and Anchorage that are redundant," she said Tuesday.

As a result of restructuring, the company will "shut in" operations at its Dillon platform by the end of the year and cease operations at the Baker platform by the close of the first quarter of 2003, Sinz said. This will directly affect six crew members working seven-day shifts on Baker and six crew members assigned to two-week periods on Dillon, she said.

Unocal employs 260 people in Kenai and 87 in Anchorage, as well as approximately 165 independent contractors.

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