... – 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,...
... develop these resources. At present, only a handful of isolated projects are being carried out on the continental shelf of the United States, Norway and Russia. Experts predict that, by 2030, geological exploration will primarily be conducted in the Arctic shelf, and deposits in the area will be prepared for further, large-scale development.
The ability of the Arctic states and oil companies to develop the Arctic’s offshore oil resources will depend on the following factors:
Michael Deeg
1. Technological development.
The oil and gas projects that are currently being implemented on the Arctic shelf differ greatly in terms ...
... experts in international relations.
The focus of our current talk is the Transport, Logistics and Production Outlook for the Arctic Offshore Exploration: An International Perspective.
This lecture is, if anything, practical in nature as I will be using case studies to demonstrate the tools and prospects for international cooperation in Arctic shelf development.
Outline of the oil and gas resource potential
To begin with, I would like to give you a broad outline of the oil and gas resource potential ...
