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 Reporter August 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

ONR Funds UW Oceanographic R/V Refit Contract

The US Department of Defense informs that the University of Washington (UW), Seattle, Washington, is being awarded a $12,776,050 cost reimbursement contract for

Navy, Other Agencies, Award Bio-refinery Contracts to 3 Firms

As part of a 2011 Presidential directive, the Departments of Navy, Energy, and Agriculture have announced that three companies have been awarded contracts to construct

NNS Identify 124 Employees as 'Models of Excellence'

Huntington Ingalls Industries says that 124 employees from the company's Newport News Shipbuilding division have been recognized with Model of Excellence (MOE) awards.

Government Update

Ban Welcomes Leonardo DiCaprio as UN Messenger of Peace

As the eyes of the world turn to New York City, where thousands of people are expected to gather today for a massive march in advance of a United Nations climate summit,

Tropical Storm Polo Threatens Battered Mexican Resort of Los Cabos

Tropical storm Polo barreled nearer on Friday to the Mexican Pacific resort of Los Cabos where thousands of troops were restoring order following widespread

Exxon: U.S. to Allow Wind Down Ops in Russian Arctic

U.S. oil major Exxon Mobil said on Friday the U.S. Treasury Department granted it a license to wind down operations on a drilling well in the Kara Sea in the Russian Arctic.

Offshore Energy

Nigerian Minister Pledges $1.3 bln for Power Companies

Nigeria's oil minister announced a 213 billion naira (1.3 billion US dollar) bail-out package for power companies on Saturday, nearly a year after the sector was privatised.

Russia's Yamal LNG Project May Tap Wealth Fund in 2014

Russia's Novatek may get funds from the National Wealth Fund for its Yamal LNG project before the year-end, a minister said, as part of government plans to support sanction-hit companies.

Rosneft says Exxon Still Continues to Work With it in Arctic

Russia's biggest oil producer Rosneft said on Saturday that Exxon Mobil was still continuing exploration drilling at their joint project in the Arctic Kara Sea.

Seismic Vessel Tech

EMGS - New Contract in the Norwegian Sea

Electromagnetic Geoservices ASA (EMGS) announced an agreement from Statoil Petroleum AS for the Norwegian Sea. EMGS has now received a new contract from another oil and gas company worth USD 1.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Naval Architecture Pipelines Pod Propulsion Ship Electronics Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | 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: 0.1493 sec (7 req/sec)