The final frontier
In the wake of the Deepwater Horizon accident, the oil industry has had to take a long hard look at the environmental challenges and costs of Arctic frontier exploration. Though there is already a catalogue of positive experience in the near Beaufort Sea, Baltic Sea and other sub-Arctic areas like Sakhalin, there are concerns to ensure the Arctic offshore environment is safe, as well as significant cost hurdles to overcome.
Article details
Journal title: Petroleum Review
Publisher: Energy Institute
Keywords: deepwater
Countries: Arctic -
Subjects: Environment, Safety, Banking, finance and investment, Economics, business and commerce, Oil and gas extraction, Oil and gas, Oil, Primary energy production, Floating production facility, Gas fields, Hydrocarbon exploration, Offshore exploration, Onshore exploration, ROVs, Supply vessels, Support vessels
