Study: Improved Technology Needed to Safely Develop Arctic Resources

Study Improved Technology Needed to Safely Develop Arctic Resources

A new study about crucial risk management issues relating to Arctic operations is released by DNV and the Fridtjof Nansen Institute (FNI).  This concludes that, in order to safely develop Arctic resources, there is a need for improved technology, oil spill preparedness and close cooperation between the authorities, industry and society. DNV’s CEO, Dr Henrik O. Madsen, will present the study entitled ‘Energy and the environment – Arctic resource development, risks and responsible management’ at the Offshore Northern Seas (ONS) Conference in Stavanger on Wednesday.

On behalf of the ONS Foundation, DNV and FNI were asked to produce this study as a basis for discussions between the authorities and industry at the ONS summit and conference.

“Interest in the Arctic is growing rapidly, fuelled by melting sea ice, promises of vast energy and mineral resources, prospects of shorter shipping routes and confidence that enhanced scientific knowledge and maturing governance processes will ensure Arctic peace and predictability,” says Knut Ørbeck-Nilssen, COO at DNV’s division Norway, Russia and Finland.

“However, this is a highly diverse region that defies simple, clear-cut definitions and generalisations. There are great variations within the Arctic and the public perceptions of promises and risks are polarised as never before:  the Arctic as unspoilt nature with an acute need for protection from modern civilisation’s onslaught versus the great new energy frontier that can provide energy security, fortunes and job opportunities along Arctic coasts,” he says.

Some of the study’s conclusions:

– Interest in the Arctic is growing rapidly, but there is no race for resources. The Arctic is more characterised by cooperation than by conflict. It is in the interests of all major stakeholders that the rules of the game are followed, meaning adherence to the law of the sea and cooperation through international bodies such as the Arctic Council.

– Some areas of the Arctic are still disputed, but the prospects for a solution without conflict are good. The bulk of Arctic resources are clearly and unambiguously under the national jurisdictions of the five Arctic coastal states: Russia, Norway, the USA, Canada and Denmark/Greenland.

– The Arctic represents an energy and climate paradox. The effects of climate change are dramatic in the Arctic and are showing the world the importance of bringing global warming under control. At the same time, it is climate change that, by melting sea ice, is opening up the Arctic for further petroleum exploration.

– Some of the greatest challenges to the development of energy resources in the more demanding regions of the Arctic are the risks of accidents, loss of life and potentially uncontrollable oil spills, especially in ice-covered areas. Thus, not only is effort needed to prevent accidents from happening, but systems also need to be developed to handle emergencies.

– The management of these challenges requires more knowledge, better technology and good, close and transparent cooperation between the authorities, industry and society.

Download the study
http://www.ons.no/index.cfm?event=downloadfile&famid=307329

Press Release, August 29, 2012

 

Share this article

Follow Offshore Energy Today

Events>

<< Jul 2015 >>
MTWTFSS
29 30 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31 1 2

China International Offshore Oil & Gas Exhibition

China International Offshore Oil & Gas Exhibition (CIOOE) acts as a regular gathering in global petroleum and petrochemical industry…

read more >

12th International Conference on Gas-Liquid & Gas-Liquid-Solid Reactor Engineering (GLS12)

The 12th International Conference on Gas–Liquid and Gas–Liquid–Solid Reactor Engineering (GLS-12) follows the success of the 11 previous GLS…

read more >

2015 API Offshore Safe Lifting Conference & Expo

The conference is expected to host 500 offshore lifting professionals, crane operators, management, and safety personnel. This is the best…

read more >

SPE ASIA PACIFIC ENHANCED OIL RECOVERY CONFERENCE

Oil and gas are expected to remain an important source for future world energy demand. However, conventional oil and gas production from…

read more >

Jobs>

QC Coordinator Offshore

Do you attach great importance to quality and do you have an affinity with offshore projects? Then read about what Van Oord can offer you.

apply

Assistant Driller

Maersk Drilling Norge AS was established in 1990 and employs a staff of approximately 1000 people.

apply

Electrician

For one of our clients we are looking for a Ships Electrician. Our client is a company with worldwide activities. You will work in a rotation of 4 till 6 weeks on and off.

apply