Norway Looks to Arctic Oil Exploration

Barents Observer
Monday, July 02, 2012

The Norwegian Minister of Petroleum and Energy is ready to take drilling rigs towards the North Pole

The 22nd License Round announced by Minister of Petroluem and Energy Ola Borten Moe includes as many as 72 blocks in the Barents Sea, several of them near the polar ice ridge, reports the 'Barents Observer'.

And Norwegian Arctic drilling will not stop with the 22nd License Round. According to Borten Moe, his ministry is ready to take it all the way to the 84th latitude, the northernmost point in Norwegian waters.

In his meeting this week with high-ranking international politicians, including U.S. Secretary of Interior Ken Salazar, as well as a number of powerful oil company representatives, the Norwegian minister made it very clear what he intends to do in the area.

For environmentalists, the signals from the Norwegian government are bad news. “This is bad for the climate, the High North and environmental management regimes”, leader of Bellona Frederic Hauge told the 'BarentsObserver. “The plans for oil drilling are depressive reading and include significant risks”, he underlines.

 


 

Maritime Reporter March 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

News

Goliat FPSO in Norway

The Goliat FPSO was successfully floated off the heavy-lift vessel, Dockwise Vanguard, in the fjord outside Hammerfest, says Eni Norge    The Goliat platform has arrived in Hammerfest,

BIMCO Welcomes EU Decision on Migrants

BIMCO has stated today that it appreciates the new efforts by EU leaders to reduce increasing reliance on merchant shipping to rescue the growing numbers of

Long Beach, Los Angeles ports host forum to gather input

More than 100 cargo owners, trucking firm leaders, longshore labor, marine terminals and other goods movement industry representatives turned out Wednesday for

Arctic Operations

Goliat FPSO in Norway

The Goliat FPSO was successfully floated off the heavy-lift vessel, Dockwise Vanguard, in the fjord outside Hammerfest, says Eni Norge    The Goliat platform has arrived in Hammerfest,

Arctic Nations to Fight Climate Change Despite Russia Tensions

The eight Arctic Council nations pledged on Friday to do more to combat climate change that is shrinking the vast frigid region, with countries trying to put

Rolls-Royce to Power Ice-class MPV

Rolls-Royce informs it has secured a contract to supply a power and propulsion package for an ice-class multipurpose vessel under construction at Keppel Singmarine

 
 
Maritime Careers / Shipboard Positions Maritime Standards Naval Architecture Navigation Offshore Oil Pod Propulsion Port Authority Salvage Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0986 sec (10 req/sec)