Liberty Project under review by US Bureau of Ocean Energy Management ANCHORAGE, Alaska _ Arctic offshore drilling by Royal Dutch Shell PLC drew protests on two continents this year, but a more modest proposal for extracting petroleum where polar bears roam has moved forward with much less attention. While Shell proposed exploratory wells in the […]
Hilcorp looks to build Liberty Project off north coast of Alaska Read More »
Statoil giving up 16 Chukchi Sea leases ANCHORAGE, Alaska _ Statoil, a Norwegian-based oil company says it is abandoning plans to drill in the Arctic Ocean off the northwest coast of Alaska. The company made the announcement on Tuesday that it’s giving up 16 of its company-operated leases in the Chukchi Sea. “Since 2008 we have worked
Statoil abandons US Arctic petroleum leases off northwest Alaska coast Read More »
Market conditions poor, low interest in Arctic offshore lease sales ANCHORAGE, Alaska – The Interior Department announced Friday it is cancelling future lease sales and will not extended current leases in Arctic waters off Alaska’s northern coast, a decision that significantly reduces the chances for future Arctic offshore drilling. The news follows a Sept. 28 announcement by
Arctic offshore lease sales halted, no extension on current leases: Interior Dept Read More »
