Royal Dutch Shell Group .com Rotating Header Image

Barents Sea

Oil, Gas Producers Look to Expand Arctic Exploration

Updated June 26, 2012, 12:02 p.m. ET

By KJETIL MALKENES HOVLAND and ANNA MOLIN

TRONDHEIM, Norway—Two of the world’s major oil and gas producing nations, bolstered by big Arctic discoveries in recent years, are looking to further develop one of the world’s most remote regions as a more vibrant hub of exploration.

Norway plans to award new drilling licenses for dozens of blocks of sea acreage in icy Arctic waters as early as 2013, Norway’s oil ministry said at a conference here Tuesday. U.S. Secretary of the Interior Ken Salazar, speaking at the same conference, said the Obama administration plans to further open and develop its own Arctic areas for drilling to continue reducing that nation’s dependence on foreign imports. read more

This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.