Search results for: Arctic drilling

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  • 27 May 2010

    The Obama administration Thursday will suspend planned exploratory oil drilling in the Arctic Ocean off Alaska until at least 2011… Source: seattletimes, May 27, 2010;

  • 29 May 2015

    Producing oil and natural gas safely and responsibly in the Arctic will strengthen America’s economy and national security, the American Petroleum Institute (API) said in comments to proposed regulations for operations offshore Alaska. “Producing more energy here at home creates new job opportunities and makes us more secure,” said API Director of Upstream and Industry Operations […]

  • 8 July 2015
    Business & Finance

    Royal Dutch Shell’s Arctic drilling plans have hit another hurdle as the company’s icebreaker Fennica had to return to dock in Dutch Harbor last week after a hole was discovered in the vessel’s hull. The vessel was supposed to head for the Arctic on Friday, loaded with a capping stack that would be used to seal […]

  • 8 July 2015
    Business & Finance

    Royal Dutch Shell’s Arctic drilling plans have hit another hurdle as the company’s icebreaker Fennica had to return to dock in Dutch Harbor last week after a hole was discovered in the vessel’s hull. The vessel was supposed to head for the Arctic on Friday, loaded with a capping stack that would be used to seal […]

  • 26 November 2014
    Business & Finance

    Russia’s Gazprom Neft has signed a number of agreements with Vietnamese companies aimed at developing cooperation between the two countries. The documents were signed in the presence of Russian President Vladimir Putin and the General Secretary of the Communist Party of Vietnam, Nguyen Phu Trong. Alexander Dyukov, Chairman of Gazprom Neft’s Management Board, and Nguyen […]

  • 1 June 2015
    Business & Finance

    Shell’s Arctic drilling plans have hit another round of protests, this time in British Columbia, as oil major intends to intensify its movements through the West Coast’s Inside Passage. Namely, a group of environmentalists and BC First Nations are protesting the move as they fear that increased tanker traffic in the region could be dangerous for […]

  • 20 June 2014

    “The threat  to nearby nature reserve Bear Island is still not over”, Greenpeace has warned today, after it has been announced that Statoil failed to find oil at the Apollo well in the Barents Sea. “Although the Apollo well is dry, the threat that Statoil poses to Bear Island and the rest of the Arctic […]

  • 15 March 2013
    Business & Finance

    The U.S. Interior Department Secretary Ken Salazar yesterday, March 14, announced the findings of a Departmental review of Shell’s 2012 Arctic operations, which will help guide the conduct and oversight of future Arctic exploration. In January, Secretary Salazar directed the high-level review of Shell’s 2012 offshore drilling program in the Beaufort and Chukchi Seas – including the […]

  • 1 July 2015
    Business & Finance

    The crew of Royal Dutch Shell’s second of two Arctic drilling rigs Noble Discoverer departed the Port of Everett, Wash., June 30, 2015, its final destination being Alaska. Noble Discoverer was the last of three oil drilling and support vessels to depart western Washington for the Arctic this summer, the US Coast Guard said. Coast Guard crews […]

  • 28 February 2013

    Royal Dutch Shell plc announced it will pause its exploration drilling  for 2013 in Alaska’s Beaufort and Chukchi Seas to prepare equipment and plans for a resumption of activity at a later stage.  “We’ve made progress in Alaska, but this is a long-term programme that we are pursuing in a safe and measured way,” said […]

  • 1 July 2015
    Business & Finance

    The crew of Royal Dutch Shell’s second of two Arctic drilling rigs Noble Discoverer departed the Port of Everett, Wash., June 30, 2015, its final destination being Alaska. Noble Discoverer was the last of three oil drilling and support vessels to depart western Washington for the Arctic this summer, the US Coast Guard said. Coast Guard crews […]

  • 11 April 2013
    Business & Finance

    ConocoPhillips yesterday announced it will put its 2014 Alaska Chukchi Sea exploration drilling plans on hold given the uncertainties of evolving federal regulatory requirements and operational permitting standards. The company has determined it would not be prudent at this time to make the significant monetary commitments needed to preserve the option to drill in 2014. “While we are […]

  • 31 January 2014

    Alaska’s Governor Sean Parnell is disappointed by Shell’s announcement that it will not be exploring off Alaska’s coast in 2014. “Today’s news is extremely disappointing for Alaska, but certainly understandable given the recent Ninth Circuit Court ruling,” Governor Sean Parnell said. “Multiple years of federal regulatory delay, litigation delay, and one year of operational issues […]

  • 19 August 2015

    Hillary Clinton, a Democratic candidate for the President of the United States, has expressed her concern over plans to drill for oil in the Arctic.  “The Arctic is a unique treasure,” Hillary Clinton said in a tweet that came one day after Obama’s administration allowed Shell to drill into oil-bearing zones in the Chukchi Sea, offshore Alaska. The previous […]

  • 17 December 2013

    U.S. Sen. Mark Begich yesterday pushed back on his Democratic colleagues in the Senate, calling their appeal to delay Arctic development shortsighted, misinformed and misguided.   “I’m disappointed – although not surprised – to see several Senate Democrats request that the government delay oil and gas leasing in the Arctic and order a review of […]

  • 13 May 2015
    Exploration & Production

    While Shell may have received a conditional approval by the U.S. Bureau of Ocean Energy Management to drill for oil in the Chukchi Sea offshore Alaska, it has yet to skip a Port of Seattle hurdle. Namely, the company may not be able to dock its two Arctic-bound drilling rigs in the Port’s Terminal 5 […]

  • 28 September 2015

    Shell has discovered traces of oil and gas at its offshore Alaska exploration well, however these are not sufficient to warrant further exploration in the Burger prospect, the company said in a statement on Monday. The company also said it would not be returning to drilling in the Alaskan waters any time soon. According to […]

  • 1 July 2014

    Statoil has received consent to carry out exploration drilling of well 7324/9 Mercury in production licence 614 in the Barents Sea using the Transocean Spitsbergen semi-submersible drilling rig.

  • 19 June 2015
    Project & Tenders

    Russia will have to wait some more to see its Arctic drilling operations kick off again. According to Reuters, which quoted Russia’s energy minister Alexander Novak, Arctic offshore drilling originally planned for 2015, will be delayed for next year or event later.   To remind, Rosneft, the Russian oil giant, last year struck oil in the […]

  • 5 January 2011

    Shell faces another setback in its plans to drill for offshore oil in the Arctic, this time from a federal board that sided with Alaska Native and environmental groups and kicked air quality permits back to the Environmental Protection Agency for further review. The order by the Environmental Appeals Board invalidates Shell Offshore Inc.’s permits […]

  • 6 June 2014

    Statoil Petroleum AS has received consent for exploration drilling using the Transocean Spitsbergen rig on another well in the Barents Sea. The Norwegian oil giant will use the semi-submersible drilling rig to drill the Atlantis well (7325/1) in production licence 615, following the completion of the Apollo well in the block. The well lies in the […]

  • 26 April 2013

    Greenpeace activists  wearing polar bear costumes protested yesterday against Statoil’s arctic drilling plans in front of the oil company’s Moscow office. The three ‘polar bears’ chained themselves to oil barrels with signs saying “The Arctic is worth more than oil” and “We are hostages of your greed” to protest against the partnership between Norwegian company […]