Spill response JIP anticipates offshore Arctic development

The Arctic region already supplies about 15% of the world’s oil and natural gas production. Furthermore, the U.S. Geological Survey also estimates that the Arctic holds 13% of the world’s undiscovered petroleum and 30% of undiscovered natural gas. As such, the region represents an important region for supplying the energy demands of the future. Of these undiscovered resources, an estimated 84% lie offshore in a region that presents unique challenges. Over the last few decades, the industry has taken proactive steps to assess the knowledge and capabilities around oil spill response technology in harsh Arctic conditions, and enhance these to develop modern tools and establish best practices for exploration and production.

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