Russia Looking for Oil Outside its Arctic Shelf

By George Backwell
Friday, August 01, 2014
Arctic navigation: File photo

The research vessel Akademik Fedorov, accompanied by the Yamal nuclear icebreaker, is  collecting geophysical data in a search for oil on the Russian shelf outside the 200-mile zone, which will form the basis of Russia's claims to the UN Commission on extending the boundaries of the continental shelf, according to official news agency Arctic-info.

The seismic survey will take place in the Vilkitsky bend, Povodnikov, Amundsen, Nansen and Makarov hollows and the shelf in the Laptev and East Siberian seas. It is planned that the Yamal icebreaker will be used in these works until mid-September. The research area will be about 350,000 km².

Work will be carried out as part of a government contract, concluded between OJSC MAGE and Rosnedra.

Source: Arctic-info

Under international law, the North Pole and the adjoining region of the Arctic Ocean do not belong to any one country. However, Canada, Denmark, Norway, Russia and the United States have a 370 km exclusive economic zone off their coasts.

Arctic-info explains that if Russia proves that Mendeleev and Lomonosov ridges are a geological extension of the Russian continental shelf, then Russia will be able to obtain the right to explore for hydrocarbons in the triangle of the Chukotka-Murmansk-North Pole region with an area of 1.2 million km². In 2001, the Russian bid was rejected by the UN Commission because of a lack of information.

In 2012, research in this area was led by Sevmorgeo. The processing of seismic information aboard the Kapitan Dranitsyn and Dikson icebreakers tentatively confirmed the continental nature of the Mendeleev Ridge.
 

Maritime Today


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

Maritime Reporter May 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

HCI Capital Renamed Ernst Russ AG

A vote was passed at the ordinary shareholders’ meeting of HCI Capital AG yesterday to change the company’s name to Ernst Russ AG. The Executive Board and Supervisory

CMA CGM to use Kingston As Transshipment Hub

French shipping giant CMA CGM plans to use Kingston Container Terminal,  Jamaica as a strategic Caribbean transshipment hub for an enlarged Panama Canal. The Port connects to US East Coast,

Conrad Shipyard Forms LNG Business Unit

Conrad Shipyard has formed a new business unit focused on LNG projects.   Conrad, builder of North America’s first LNG bunker barge scheduled for 2017 delivery,

Government Update

Traffic Separation Schemes off Western Australia

On 1 December 2016 two new Traffic Separation Schemes (TSS) will come into effect off the south-west coast of Western Australia. Australia’s proposal to establish

Austal Delivers LCS 8 to US Navy

Austal Limited (Austal) (ASX:ASB) delivered the future USS Montgomery (LCS 8) to the U.S. Navy, during a ceremony held aboard the ship at Austal USA’s shipyard in Mobile, Alabama, USA on 23 June.

Berthing Policy for Dry Bulk Cargo for Indian Ports Unveiled

Ministry of Shipping has formulated a new Berthing Policy for Dry Bulk Cargo for all Major Ports which will come into effect from 20th August, 2016. The objective

Offshore Energy

POSH Bags Shell FLNG Contract

Singapore’s offshore marine services provider PACC Offshore Services Holdings Ltd. (POSH) has been awarded a contract to support Shell’s Prelude floating liquefied

US Oil Drillers Cut Rigs after 3 Weeks of Additions

U.S. oil drillers cut rigs this week for a 20th week this year after three weeks of additions, according to a closely followed report on Friday, as crude prices

Ulstein Delivers for BS Offshore

The first of two service operation vessels (SOV) ordered in 2015 by Bernhard Schulte Offshore (BS Offshore) and its client Siemens from Ulstein Verft in is now completed,

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Pipelines Port Authority Salvage Ship Electronics Ship Simulators Shipbuilding / Vessel Construction
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: 0.0859 sec (12 req/sec)