With operations more than 400 kilometers north of mainland Norway, Greenpeace says it is the most controversial and aggressive drilling globally this year.
Loaded with liquified gas from Norway’s Snøhvit field, the «Christophe de Margerie» is making it unescorted across the Northern Sea Route to South Korea.
Twenty million tons of crude oil has been shipped out of the Russian Arctic in the last six months, shipping major Sovcomflot announces. The company says its new Arctic tankers will be run by gas.
Business tycoon Maksim Vorobyov and his Russian Aquaculture acquires Villa Smolt AS, a Norwegian company with license to produce an annual 5 million young salmon and trout fish.
The Kayak well in the Barents Sea is believed to hold up to 50 million barrels. The discovery can possibly be connected to the development of the nearby Johan Castberg field.
«This will truly be a unique oil field», Rosneft leader Igor Sechin says as he gives the president a core sample from the ongoing Arctic drilling operation.
New exploration acreage is vital for our jobs and economy, the country’s oil minister highlights as he invites the oil industry into the most pristine part of the Norwegian shelf.