Arctic ///
Spill response JIP anticipates offshore Arctic development
Oil response technologies in the Arctic are the focus of a research program, led by nine major oil and gas companies. Their goal is to advance a range of oil spill response technologies and methodologies in support of exploration and development activity in the region.
Regional report: The Arctic
The Arctic region presents great opportunities and major challenges, both technical and political
A current perspective on Arctic exploration
ION has been designing and manufacturing seismic instrumentation for Arctic applications for over a quarter-century.
Rosneft continues Vostok Arctic oil project after partner quits
Russia’s Rosneft PJSC is proceeding with its flagship Vostok Oil project in the Arctic, Chief Executive Officer Igor Sechin said, just over a week after a key partner announced it’s exiting the development over the invasion of Ukraine.
Energy seismic technology deployed in Antarctica ahead of potential use on distant icy moons
Scientists have deployed a network of seismometers onto Antarctica’s Brunt Ice Shelf in an experiment which will test the ability of the instruments to operate on icy moons of the Solar System.
Outgoing Interior chief says Arctic oil leases will survive Biden
“You can write a lot of executive orders, but an executive order doesn’t get you past go,” Interior Secretary David Bernhardt said on his last full day leading the Interior Department. “They still have to run through the gauntlet of the law.”
Supermajors steer clear of Trump’s Arctic drilling lease auction
Amid low crude prices, fears about a backlash from the public and the prospect of regulatory uncertainty, just two oil companies placed bids on leases in the Arctic National Wildlife Refuge’s coastal plain: Knik Arm Services LLC and Regenerate Alaska Inc.
Bid review begins in rare auction of Alaskan Arctic drilling rights
The Bureau of Land Management was set to begin opening sealed bids for 10-year leases in the Arctic National Wildlife Refuge’s coastal plain Wednesday afternoon, less than a day after a federal judge rejected environmental groups’ pleas to halt the auction.
Court allows Trump’s Arctic refuge drilling auction to proceed
The decision is a victory for the administration, which has been racing to issue oil leases in the refuge’s coastal plain before the Jan. 20 inauguration of President-elect Joe Biden.
Russian bank funds lion’s share of Trafigura’s $7B Rosneft oil deal
A Rosneft spokesman said that the deal was “a logical extension” of its cooperation with Trafigura and would give the trading house “long-term access to high quality hydrocarbons to be produced with a low-carbon footprint that can be shipped both to the west and east.”
Regional Report: The Arctic
In the Arctic Circle, oil and gas interests are often a study of polar opposites. To some it looks like riches; for others, potential ruin.
Lackluster results diminish interest in Norway’s latest Arctic oil lease round
The Nordic country’s oil and gas industry has been keen for new acreage to offset an expected decline in production toward the middle of the decade. The Barents is estimated to hold more than 60% of the undiscovered resources off Norway, according to the nation’s petroleum directorate.
Native Alaskan landowners demand reconciliation for U.S. government’s ANWR statements
Kaktovik Iñupiat Corporation strongly disputed the U.S. Fish and Wildlife Service announcement that it failed with respect to its permit application to conduct seismic studies in the Arctic National Wildlife Refuge, the company said in a statement.
Alaska Native leaders react to Biden’s executive orders
In the days before taking office, President Biden promised to unify the country. Then, in his first order of business, promptly alienated Alaska and other states that rely on energy development to keep the lights on in their communities.
Alaska’s ANWR oil exploration auction set for January 6th
A formal “notice of sale” is set to be published in the Federal Register on Dec. 7. The move is in keeping with a congressional mandate to hold two auctions of oil and gas leases in the refuge’s coastal plain by Dec. 22, 2024.
Barents Sea safety and rescue capabilities assessed
Conditions in the Barents Sea are more favorable for offshore activities than in other Arctic areas.
Regional Report: The Arctic
Prices, sanctions and environmental politics chill the air