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 Today

The Maritime Industry's original and most viewed E-News Service

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


Panama-Registered Ship Sinks off Vigan City

A Panamanian cargo vessel MV Fortune Life sank off the coast 130 nautical off Vigan City in Ilocos Sur, Philippine Coast Guard (PCG), uthorities said.   The

IMO Assembly Elects New 40-Member Council

The Assembly of the International Maritime Organization has elected the following States to be Members of its Council for the 2014-2015 biennium:    Category

Windrock Names Kelleher Global Business Development Manager

Edward P. Kelleher will be assuming the new role of Global Business Development Manager – Diesel, effective December 1st.   In this role, Mr. Kelleher will be

Maritime Careers / Shipboard Positions Navigation Offshore Oil Pipelines Port Authority Ship Electronics Ship Repair Shipbuilding / Vessel Construction Sonar Winch
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: 0.0804 sec (12 req/sec)