Journal article
Russia’s Arctic offshore opportunities
- Abstract:
- Russia holds the largest share of estimated Arctic offshore petroleum resources, and is set to lead the way in the region. This summer’s planned drilling in the Universitetskaya structure in the Kara Sea by Rosneft and ExxonMobil is this year’s most high-profile petroleum event in the Arctic; it is attracting great interest due to the high resource estimates for the area. However, only a large oil discovery will be sufficient to justify the costs of development and of necessary infrastructure in the harsh weather conditions of the ice-covered Kara Sea. There is also potential for Arctic petroleum development in the previously disputed area between Norway and Russia, in the Barents Sea; this could contribute to the fulfilment of Russia’s Arctic offshore ambitions.
- Publication status:
- Published
- Peer review status:
- Peer reviewed
Actions
Access Document
- Files:
-
-
(Preview, Version of record, pdf, 530.1KB, Terms of use)
-
- Publication website:
- https://www.oxfordenergy.org/publications/oxford-energy-forum-issue-97/
Authors
- Publisher:
- Oxford Institute for Energy Studies
- Journal:
- Oxford Energy Forum More from this journal
- Issue:
- 97
- Pages:
- 21-23
- Publication date:
- 2014-09-22
- ISSN:
-
0959-7727
- Language:
-
English
- Keywords:
- Pubs id:
-
2081510
- UUID:
-
uuid:b9ae915e-01af-4aaf-af91-7e53b04cc8d3
- Local pid:
-
pubs:2081510
- Deposit date:
-
2015-04-24
- ARK identifier:
Terms of use
- Copyright holder:
- Oxford Institute for Energy Studies
- Copyright date:
- 2014
- Rights statement:
- © Oxford Institute for Energy Studies, 2014.
If you are the owner of this record, you can report an update to it here: Report update to this record