arctic/extreme environments

Russia’s largest oil company is moving quickly to shed underperforming brownfield assets to raise capital and transform itself into a major LNG player this decade. The state-owned giant is making the move as natural gas positions itself for a growing role in the energy transition.

The new deal will focus on developing Arctic onshore blocks in a region where a successful LNG project already exists.

The Trump administration proposed to loosen Obama-era safety regulations for the oil industry in the Arctic Ocean off Alaska to ease the way for petroleum extraction in the region, an effort that President-elect Joe Biden will likely throw out once in office.

A new licensing round will open up 136 blocks in the Arctic Barents Sea.

The complete paper describes the overall project execution of the Aasta Hansteen field development on the Norwegian Continental Shelf (NCS) north of the Arctic Circle. It is the deepest field yet developed on the NCS in 1300 m of water.

The Novoportovskoye oil and gas condensate field was discovered in 1964 but left undeveloped for decades due to its remote location on the Yamal Peninsula in Siberia.

Many forms of remote sensing imagery can be used, along with data sets and the resultant products, to improve the efficiency and safety of upstream oil and gas operations on the North Slope of Alaska.

Snow depths on Alaska’s North Slope have thinned this year, the University of Alaska Fairbanks said in a study, creating a possible obstacle for exploration in part of the Arctic National Wildlife Refuge thought to harbor more than 7 billion bbl of oil.

Wärtsilä’s integrated infrastructure combines the bridge systems, cloud data management, data services, decision support tools, and access to real-time information for the fleet of tankers managed by Sovcomflot, Russia’s largest shipping company.

The green light comes 4 years after the privately-held firm filed its development and production plan. Liberty Island would consist of gravel, stretch 9 acres, and sit just a few miles offshore.