... – in the East Siberian Sea [
18
].
Positive results of production on the Prirazlomnoe field discovered in 1989 in the Pechora Sea allowed to ship and deliver 300 thousand tons of oil to the port of Rotterdam in 2014 (about 2.2 million barrels) [
19
]. The oil produced was called Arctic Oil (ARCO) [
20
]. Currently, this is the only project on the Russian Arctic shelf, where oil is commercially produced. This gives additional advantages for Gazprom, which owns the project. In this context, Rosneft, which also develops the shelf, has no active underwater production projects,...
... Union, from 1991 to 1998, Russia’s drilling fleet operated almost exclusively on the shelf of Western Europe, Asia, Africa and South America.
The termination of geological exploration work in the Arctic after 1991, coupled with the loss of the Arctic drilling fleet, mean that the Russian Arctic shelf remains largely unexplored: only 20 per cent of the Barents Sea and 15 per cent of the Kara Sea have been explored, while the East Siberian, Laptev and Chukchi seas have not been explored at all.
A total of 25 deposits have been discovered ...
... piece of Arctic shelf,
including North Pole
The CLCS is a very busy affair and may considerably delay the examination of the Arctic shelf issues. According to the Danish Geological Survey, the expert opinion on Copenhagen's claim should be completed only ... ... process should optimistically take 20-25 years."
[6]
And Canada would not be able to handle the matter faster.
Hence, the Arctic delimitation talks may last several dozen years, similar to the Russian-Norwegian dispute on the Barents Sea that took ...
... Arctic tourism.
Navigation in the Arctic
The Arctic has long beena region of international cooperation. Murmansk and Arkhangelsk both host regular international forumsaddressing the issues of how to involve Russian industry in the exploration of the Arctic,and resulting in milestone agreements. In fact, Murmansk and Arkhangelsk are essentially the two centres of Arctic shelf development thanks to their geographical location,their developed infrastructure and the reliable connection to other regions of Russia, as well as to unique production facilities that make goods required for the oil and gas industry –steel ...
... Geoecology and Engineering Surveys at the SevMorGeo Geological Sea Survey Company, about the feasibility of Arctic development and Russia’s current projects in the area.
Mr. Korneev, do you believe that the extraction of offshore resources in the Arctic is economically viable?
Russia’s Arctic shelf incorporates the Barents Sea, which is freer of ice than other waters and hence more economically attractive, and resource extraction will be launched there this year.
Then comes the Kara Sea, which is also relatively ice-free and resource ...
