Offshore Arctic News - page 10

Pondering further Russian sanctions

Jul 25, 2017

With US lawmakers prepared to hit Russia with more sanctions*, the domestic oil and gas industry is bracing for what potential impacts may come. Karen Boman lays out concerns voiced at a July Atlantic Council Event. [*Update] The US Senate…

DOI seeks insight for new OCS lease plan

Jun 29, 2017

The U.S. Department of Interior (DOI) is taking its first step in fulfilling the Trump administration’s pledge to expand Outer Continental Shelf (OCS) oil and gas leasing opportunities by submitting a request for information (RFI) to create a new 2017-2022 offshore lease plan…

US to increase OCS drilling

Apr 28, 2017

US President Donald Trump signed executive orders today (28 April) to increase domestic energy production in the Outer Continental Shelf (OCS) Planning area including the Chukchi Sea, Beaufort Sea, Cook Inlet, Mid-Atlantic, South Atlantic…

Rosneft starts drilling at Khatangsky

Apr 06, 2017

Rosneft started drilling the Tsentralno-Olginskaya-1 well, the northernmost well at the Russian Arctic shelf, in the Khatangsky license area. Image of Rosneft workers drilling the northernmost well at the Russian shelf…

Two new wells, ESP first at Prirazlomnoye

Jan 23, 2017

Gazprom Neft has commissioned two new production wells at its Prirazlomnoye field in Russian arctic waters.  The new wells bring the total number of wells currently in operation at the Prirazlomnaya platform to 10, six of which are production wells…

Obama: Arctic 'off limits to oil and gas leasing'

Dec 20, 2016

In his final month as US president, Barack Obama announced today (20 December) that he will ban offshore areas in the Atlantic and Arctic Oceans from future mineral extraction. The decision comes one month after the Department of the Interior…

Year in review: 2016

Dec 13, 2016

As OE takes a look back on the year that was 2016, our website's most popular stories pretty much tell everything you need to know. It has been a depressing year for the industry with too many job cut announcements, rigs and vessel stacked (or sold)…

2017 exploration outlook - a return to profitability?

Dec 12, 2016

A new study by Wood Mackenzie on what to expect from global oil and gas exploration in the year ahead, Global Exploration: What to look for in 2017, shows that exploration should return to profitability in 2017, after five years of only single-digit returns…

Obama leaves Arctic off the table

Nov 18, 2016

The US Department of the Interior (DOI) and Bureau of Ocean Energy Management (BOEM) released the final plan for the Outer Continental Shelf (OCS) lease sales for 2017-2022, excluding areas in the Beaufort and Chukchi Seas in the US Arctic…

COSL completes Barents Sea 3D campaign

Nov 10, 2016

China Oilfield Services' 12-streamer HYSY 720 seismic vessel has completed the operations of two 3D seismic data acquisition in the Arctic Barents Sea recently.  The campaign covered three blocks and follows a previous campaign covering 1820…

Being responsive

Oct 06, 2016

Joe Mullin gives an update on the Arctic Response Technology joint industry project. Workers conduct field trials of the first-of-its-kind aerial oil spill response system near Fairbanks, Alaska…

Cold comfort

Oct 06, 2016

While it seems most Arctic exploration activity has slowed, it really depends on where you look. Bruce McMichael reports. Gazprom Neft’s Prirazlomnoye facility, in the Russian Arctic.  Photos from Gazprom Neft…

Keeping up with Arctic regulations

Oct 01, 2016

Jerry Lee looks into Arctic-rated safety equipment that seeks to make it eaiser to comply with regulations around the globe. Arctic capping stack with remote BOP control and intervention subsea accumulator module…

Goliat resumes production

Sep 27, 2016

Production has resumed at the Goliat field early Tuesday morning (27 September), in the Norwegian Barents Sea, according to operator Eni Norge. Eni says full production is expected to be reached shortly, with full reinjection of gas and produced water…

New Russian arctic exploration on hold

Sep 12, 2016

The Russian government is temporarily banning new licenses for offshore field development on the Russian Arctic shelf, the Minister of Natural Resources and Environment Minister Sergei Donskoi has said. The move appears to be aimed at focusing investment on existing development projects…

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