Arctic
News
December 06, 2017
Oil exploration in Norway’s Arctic seems to have lost some of its appeal after a disappointing drilling campaign.
News
December 05, 2017
Statoil gave the final go-ahead to a flagship Arctic oil project after slashing costs by half.
News
November 30, 2017
A bid to open the Arctic National Wildlife Refuge to oil drilling faces a hold up over an arcane budget rule, a development that may mean it can’t be included in the tax overhaul legislation.
News
November 22, 2017
Lundin Petroleum AB has announced that its wholly owned subsidiary Lundin Norway AS has completed the drilling of exploration well 7219/12-2 on the Hufsa prospect in PL533 in the southern Barents Sea. A non-commercial gas discovery was made in the main well while the sidetrack was dry.
News
November 15, 2017
Oil drilling in the Arctic National Wildlife Refuge took a significant step forward Wednesday, as the Senate energy committee approved legislation to compel lease sales in the 1.5-million-acre coastal plain along Alaska’s northeast coast -- tying it to tax reform.
News
November 15, 2017
The man overseeing western Europe’s biggest crude spigot is fighting back against the oil doubters.
News
November 03, 2017
Oil Search signed an agreement to acquire a number of oil assets in the Alaska North Slope from privately-owned companies Armstrong Energy LLC and GMT Exploration Company LLC.
News
October 27, 2017
Russia’s Yamal LNG, set to be the world’s biggest Arctic producer of liquefied natural gas, plans to send its debut cargo to China as thanks for its support.
News
October 25, 2017
Winds of change are afoot in the U.S. government’s energy-regulating bodies, and consequently, new access to the U.S. outer continental shelf (OCS) is on the horizon for oil and gas companies.
News
October 18, 2017
Congressional Republicans have found a way to use the federal budget to open the Arctic National Wildlife Refuge to oil drilling -- and they don’t plan on stopping there.
News
October 17, 2017
Voice of the Arctic Iñupiat (VOICE) is deeply disappointed by today’s joint press conference, held by a half dozen democratic senators and several NGOs, pleading for permanent protection of the 1002 area of ANWR from oil and gas exploration.
News
October 15, 2017
It’s been a bad year for oil explorers in Norway’s Arctic: a record campaign in the Barents Sea yielded little; the most exciting well in years proved to be a flop; and Norwegians grew increasingly skeptical about the industry that made them rich.
News
September 29, 2017
Senate Republicans set the stage for using the budget to end the 37-year ban on oil and gas drilling in Alaska’s pristine Arctic National Wildlife Refuge.
News
September 27, 2017
Alaska Senator Dan Sullivan said he’s pushing for budget language that would make it easier for Congress to allow oil and gas drilling in part of the Arctic National Wildlife Preserve.
News
August 31, 2017
Lundin Petroleum AB has announced that its wholly owned subsidiary Lundin Norway AS has commenced drilling of exploration well 7220/6-3 on the Børselv prospect in PL609 on the Loppa High in the southern Barents Sea.
News
August 29, 2017
Lundin Petroleum AB has announced that Statoil AS has completed the Korpfjell exploration well 7435/12-1 in PL859 in the southeastern Barents Sea. The well proved a small, non-commercial gas discovery.
News
August 28, 2017
Lundin Norway AS, operator of production licence 609, has completed the drilling of appraisal wells 7220/11-4 and 7220/11-4 A on the 7220/11-1 (Alta) oil and gas discovery.
News
August 18, 2017
The Bureau of Ocean Energy Management (BOEM) today announced a draft Environmental Impact Statement (EIS) analyzing the possible environmental impacts of the activities proposed in an offshore oil and gas development and production plan (DPP) submitted to BOEM by Hilcorp Alaska LLC. on Sept. 18, 2015.
News
August 07, 2017
Statoil and partners OMV and Petoro have made a small gas discovery in the Gemini North well, northeast of the Wisting discovery in the Barents Sea. The well also proved oil.
News
August 06, 2017
Norway’s oil industry has been salivating for years over the Arctic Lofoten islands, which could hold billions of barrels of crude. It will likely have to keep dreaming.
News
July 24, 2017
Italy's Saipem is likely to get a sub-contractor role in a new project to produce liquefied natural gas (LNG) in the Arctic by Russia's Novatek, one of Novatek's partners said.
