ExxonMobil and Rosneft signed a new pact last month, enabling ExxonMobil to gain seven new exploration blocks in the Chukchi, Laptev and Kara Seas, an area totaling 600,000 sq km. In turn, Rosneft will have the option to take 25% of ExxonMobil’s…
Neil Robert Brown, staffmember, US Senate Foreign Relations Committee I would point to the Secretary of Interior’s need to focus on the Arctic. It isn’t the highest near term potential energy source, but it has significant long term potential…
Susan Murray, deputy vice president, Pacific, Oceana Given the disastrous attempt to drill exploration wells in the Arctic Ocean in 2012, the new Secretary should suspend all activities on Arctic Ocean leases and undertake a thorough…
Dr Premkumar Thodi, Mike Paulin, Duane DeGeer, and Glenn Lanan, INTECSEA Canada, examine examine the potential of external distributed sensors using fiber-optic cable systems. Multiple offshore Arctic fields have been developed over the past three decades…
Norwegian Ministry of Defense approves sale of Olavsvern naval base outside Tromsø.Location of Olavsvern naval baseThe sale is to the investor group Triko AS which includes Odfjell Drilling, PSW Rig Service, and in cooperation with Petro Support Group…
Technip announces that it has signed two agreements with State Corporation Russian Technologies (Rostec) during the official meeting between François Hollande, President of the French Republic, and Vladimir Putin, President of the Russian Federation…
Royal Dutch Shell plc announced it will pause its exploration drilling activity for 2013 in Alaska’s Beaufort and Chukchi Seas to prepare equipment and plans for a resumption of activity at a later stage. “We’ve made progress in Alaska…
BP named Janet Weiss Regional President of its Alaskan branch, effective 15 February 2013.Janet Weiss (Photo: BP)Weiss succeeded John Mingé, who now serves as Chairman and President of BP America Inc. after heading up BP’s Alaska business since January 1…
Rosneft pact grants Exxon 7 Arctic Sea blocksExxonMobil President Stephen Greenlee and Rosneft President Igor Sechin sign expanded cooperation agreementExxonMobil significantly boosted its presence in the Russian Arctic with new agreements with Russian partner Rosneft…
Time is the most critical factor when dealing with an Arctic oil spill, says Steve Potter, principal consultant, SL Ross. Small spills can usually be handled by onsite personnel with rig- or platform-based boats and booms. Larger spills require more resources…
Shawn Rice and Joe Gagliardi (center) accepted the award for ION. Presenting the award are OTC Board of Directors Chairman Steve Balint (left), Shell, and OTC Board of Directors member Joe Fowler (right).Igor Kolesnikov and Svetlana Kamaeva (center) accept the award for Transkor…
Delegates at the Arctic Technology Conference, held recently in Houston, examined the potential of the region to the oil & gas industry. Victor Schmidt and Nina Rach listened in.Two Russian icebreakers create a wide path for the LNG carrier…
The challenges of drilling in the Arctic have become so multifaceted it’s hard to know what position folks line up behind. If it were just the usual environmentalist vs oil companies – and that fight is perennial to be sure – things would be clearer…
Understanding the environmental conditions at a site are important to determine when offloading operations need to be suspended or when an offloading tanker needs to be disconnected. BMT Argoss naval architect Wojciech Misiag explains why optimising…
Faroe Petroleum has won acreage in the Dreiki area on the Icelandic Continental Shelf. Faroe will operate seven license blocks south of the Jan Mayen Ridge inside the Arctic Circle northeast of Iceland. Faroe will hold 67.5% interest in blocks IS6708/8…