Arctic ///

Eni’s Norway troubles risk fueling fight against Arctic oil

A series of mishaps at the world’s northernmost producing oil field shows Norway’s plan to boost its flagging production by tapping the Arctic Ocean may not be so easy.

ONS 2016: Statoil tells ONS crowd that it continues to plan for exploitation of Barents Sea

Some professionals in the global oil and gas industry might think that with oil prices continuing to perform at sub-par levels, all thought of exploiting Arctic plays like the Barents Sea has ceased. But that’s just not true, according to Statoil Executive V.P. Tim Dodson.

ONS 2016: Equipped for the new frontier challenges?

Sub-zero temperatures, high seas, strong winds and low daylight present their own unique challenges for the offshore sector. Conditions can be tough in the frontier areas opening up in the Norwegian Sea and the Barents Sea—which may call for specialized equipment and robust offshore personnel.

Gazprom Neft commissions wells at Prirazlomnoye field on Russian Arctic Shelf

Gazpromneft Shelf, a subsidiary of Gazprom Neft, has brought two additional production wells (its third and fourth) into production at Prirazlomnoye field.

The last barrel

Roger Jordan, World Oil

It isn’t just about oil

API: Arctic rule could inhibit innovation and U.S. energy leadership

API Upstream and Industry Operations Director Erik Milito issued the following statement on the U.S. oil and natural gas industry’s concerns with the Arctic Rules Package, issued by the Bureau of Safety and Environmental Enforcement (BSEE) and the Bureau of Ocean Energy Management (BOEM).

Despite industry pleas, Obama imposes costly Arctic drill rules

Energy companies that hunt for crude in icy Arctic waters will have to stash extra equipment nearby and take other potentially costly steps meant to prevent oil spills in the fragile, remote region under regulations the Obama administration imposed Thursday.

Production of Arctic resources benefits Alaska and the nation, Sen. Murkowski says

U.S. Sen. Lisa Murkowski, R-Alaska, has underscored the criticality of oil and gas production in the Arctic Outer Continental Shelf (OCS) to Alaska and the entire nation.

National security experts weigh in on Arctic offshore energy development

On the eve of the conclusion of the Department of the Interior’s public consultation on its proposed Outer Continental Shelf Oil and Gas Leasing Program for 2017-2022, a group of foreign policy and national security leaders have submitted formal comments for the record in support of retaining the two Arctic leasing areas in the final program.

Arctic oil, gas leases get support from new bill

Congressman Devin Nunes (CA-22), chairman of the House Permanent Select Committee on Intelligence, introduced a bill in the House of Representatives encouraging the Department of the Interior to advance its plan to sell two leases for energy development in the Arctic.

Gazprom Neft confirms first shipment of Yamal oil via sea terminal

A formal ceremony marking the first year-round shipment of Yamal oil via the Arctic Gates oil-loading terminal took place last week at the Cape Kamenny settlement in Russia's Yamal Peninsula.

Offshore drilling foes invoke 1953 law to prod Obama on U.S. ban

Environmental activists who dangled from bridges and paddled kayaks around an Arctic rig have a new strategy for stopping oil development off U.S. coasts: persuading President Barack Obama to use a 1953 law to bar offshore drilling permanently.

Alaska’s congressional delegation presses Interior on OCS development

Alaska’s congressional delegation—Sens. Lisa Murkowski and Dan Sullivan and Rep. Don Young—has sent a letter to Interior Secretary Sally Jewell urging the Department to keep all three lease sales proposed for Alaska’s OCS in the Bureau of Ocean Energy Management’s (BOEM) final Five-Year Program for the years 2017 to 2022.

Big Oil abandons $2.5 billion in U.S. Arctic drilling rights

After plunking down more than $2.5 billion for drilling rights in U.S. Arctic waters, Royal Dutch Shell, ConocoPhillips and other companies have quietly relinquished claims they once hoped would net the next big oil discovery.

Subsea processing: A holistic approach to subsea development

Tine Bauck Irmann-Jacobsen, Forsys Subsea

Advances in technology are enabling the discovery of, and access to, offshore hydrocarbon reserves previously thought uneconomical. However, many viable-but-challenging projects are put on hold because of uncertainties about their feasibility, high start-up costs, and long lead times. To solve these problems, several holistic subsea processing systems have been created to enhance field economics.

Russia’s only producing oil field on Arctic shelf produces 10-millionth barrel

March saw the 10-millionth barrel of oil produced at Prirazlomnoye oil field—located on the Russian Arctic Shelf in the Pechora Sea and currently under development by Gazpromneft Shelf.

Oil production from Russian Arctic field set for significant rise, Gazprom Neft says

A revised production schedule for Gazprom Neft’s Prirazlomnoye field has seen the field’s peak production period increased from three years to five.

Eni starts production at Goliat field in Barents Sea

Eni has started production at Goliat field, 85 km northwest of Hammerfest, Norway. The field lies within Production License 229, in an ice-free area in the Barents Sea.

Murkowski calls for adaptable Arctic leasing structure after Shell, Statoil exit Alaska offshore

Proposed changes to federal rules regulating oil and natural gas activity on the Outer Continental Shelf and in the Arctic are necessary to create a predictable regulatory framework that supports safe exploration and American leadership in the Arctic, U.S. Sen. Lisa Murkowski (R – Alaska) said Tuesday.

Millionth tonne of oil produced at Prirazlomnoye field: Gazprom Neft

The millionth tonne of oil has been produced at Prirazlomnoye field, Gazprom Neft, the field’s operator, said. Part of a consignment dispatched on the Mikhail Ulyanov tanker, it will be delivered to customers in North West Europe in early December.