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

NASSCO Lays Keel for Jones Act Tanker Liberty

U.S. shipbuilder General Dynamics NASSCO hosted a keel laying ceremony on Thursday, May 26 for the Liberty, one of three new ECO Class Jones Act tankers under a

DSC Dredge Receives President’s E-Star Award

DSC Dredge, LLC, based in Reserve, La., has received the 2016 President’s “E-Star” Award for exports.   In a ceremony held on May 16, 2016, at the U.S. Department

TT Club Reports Robust Financial Results for 2015

TT Club has announced its financial results for the year ended December 31, 2015, and AM Best affirms its A- (Excellent) rating for the 10th consecutive year.   Knud Pontoppidan,

Government Update

Details El Faro's Sinking Emerge from US Probe

U.S. investigators on Friday concluded two weeks of hearings into the sinking of cargo ship El Faro in a hurricane last fall that included reports the vessel had

Defense Appropriations Bill Includes $1 Bln for US Icebreaker

The U.S. Senate Appropriations Committee’s FY2017 Defense Appropriations Bill has included $1 billion in funding to accelerate construction of a new polar icebreaker for the U.

DSC Dredge Receives President’s E-Star Award

DSC Dredge, LLC, based in Reserve, La., has received the 2016 President’s “E-Star” Award for exports.   In a ceremony held on May 16, 2016, at the U.S. Department

Offshore Energy

Hercules Offshore Filing for Bankruptcy Again

Hercules Offshore Inc said it planned to file for prepackaged Chapter 11 bankruptcy, just six months after the rig contractor emerged from bankruptcy protection.

VOS Sugar First Charter

The newest addition to Vroon’s fleet, subsea-support vessel (SSV) VOS Sugar, recently started work in the BARD Offshore 1 Offshore Wind Farm (OWF). The vessel

China COSCO Moving to Offshore Winds

China COSCO Shipping, which uses bulk carriers and container vessels to transport goods, has seen its cargo business decline amid China's slowdown and has decided

 
 
Maritime Security Maritime Standards Naval Architecture Offshore Oil Port Authority Salvage Ship Electronics Ship Repair Ship Simulators 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: 0.0990 sec (10 req/sec)