The group will conduct monitoring studies on potential Arctic nearshore impacts in Beaufort Sea development area.Olgoonik/Fairweather LLC, in conjunction with a team of scientists from the University of Alaska Fairbanks, the University of Texas at Austin…
Finnish government-owned investment company, Finnish Industry Investment Ltd, has acquired a 66.4% stake in Aker Arctic Technology Oy (Aker Arctic) from STX Finland Oy. Aker Arctic is a leading company in Arctic marine logistics and offshore solutions…
The seafloor off the coast of Northern Siberia is releasing more than twice the amount of methane as previously estimated, according to new research results published in the Nov. 24 edition of the journal Nature Geoscience. The East Siberian…
By Karen Parrish, American Forces Press Service The US Defense Department’s new Arctic strategy is an 8-point approach to maintaining peace and security in a new frontier that climatic forces are poised to open in the coming years…
Keppel Corporation and the National University of Singapore have agreed to set up the Keppel-NUS Corporate Laboratory, with backing from the National Research Foundation (NRF), to develop technological solutions for the offshore industry…
The international hunt for resources in the arctic is unlikely to lead to confrontation, but it is possible, the SPE Arctic and Extreme Environments conference heard in Moscow today. Former British diplomat in Russia, Sir Anthony Brenton…
Oslo-based offshore shipbroking and consultancy company Nor-Ocean Offshore has opened a new office in Houston. The new office offers brokerage and advisory services globally in relation to newbuilding, sale and purchase, chartering projects for offshore drilling rigs (jack-up…
To prepare Canada’s northern communities for the “New Arctic,” the federal government needs to devote greater policy attention and resources to strategic Arctic maritime areas such as Nunavut, says a new policy brief issued by The Center for International Governance Innovation (CIGI)…
Alaska’s Lt. Governor Mead Treadwell stated the case for Alaska’s key needs at the Ice-diminished Arctic Conference in Washington, D.C. earlier this month. Treadwell reminded the attendees that the Arctic has held strategic importance for…
Susan Murray, deputy vice president, Pacific, Oceana Given the disastrous attempt to drill exploration wells in the Arctic Ocean in 2012, the new Secretary should suspend all activities on Arctic Ocean leases and undertake a thorough…
Delegates at the Arctic Technology Conference, held recently in Houston, examined the potential of the region to the oil & gas industry. Victor Schmidt and Nina Rach listened in.Two Russian icebreakers create a wide path for the LNG carrier…
DNV and Norway’s Fridtjof Nansen Institute released a joint study during ONS calling for improved technology, better spill response preparation and greater co-operation among stakeholders in order to safely develop Arctic resources. The study…
During the Cold War, leaders recognized that a robust energy supply was a sign of power, economic strength and prosperity. But now, two decades on, there appears to be an unquestionable sign of ‘change’ – and it’s not necessarily change for the better for the US…
Among the greatest uncertainties in future energy supply is the amount of oil and gas yet to be found in the Arctic: the US Geological Survey estimates the region to hold as much as one-fifth of the world's untapped reserves of hydrocarbons…
Offshore Arctic seismic exploration is not getting quite such a cold reception these days. Andrew McBarnet explains why.Frozen assets take on a whole new meaning when it comes to considering the purportedly huge oil and gas reserves in the Arctic Ocean region…
