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Barents Sea

U.S. Coast Guard image showing the Royal Dutch Shell drilling rig Kulluk aground off a small island near Kodiak Island on Jan. 2, 2013. (AP Photo/U.S. Coast Guard)

Unfazed by slump, Austria’s OMV moving forward on development of 1 billion-barrel Arctic field

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Tumbling oil prices aren’t deterring OMV AG from its Arctic ambitions.
Greenpeace International activists from eight countries scale and occupy Statoil contracted oil rig Transocean Spitsbergen on May 27, 2014 to protest the company's plans to drill the northernmost well in the Norwegian Arctic at the Apollo Prospect of the Barents Sea, close to the Bear Island nature reserve. (WILL ROSE / AFP/Getty Images)

Statoil strikes out in well at center of Greenpeace standoff

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Statoil ASA failed to find oil in the northernmost site ever drilled off Norway’s Arctic tip.
(Kristian Helgesen/Bloomberg)

Greenpeace boards rig heading for Norway’s northernmost drilling site

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Activists from environmental group Greenpeace boarded a Statoil rig en route to drill Norway’s northernmost exploration well in the Barents Sea, saying it’s too close to the polar ice cap and a key nature reserve.
Johan Vold, managing director of the Oslo Energy Forum, speaks about opening the Arctic to oil and gas drilling during the Houston Shipping & Offshore Conference on Wednesday, Oct. 23, 2013. (Emily Pickrell/Houston Chronicle)

Melting Arctic easing access to fossil fuels

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More direct northern sea routes may be opening up in the Arctic, as the melting of the ice has made previously unnavigable routes a growing possibility for large ships, including tankers carrying oil and gas, an expert said Wednesday at the Third Houston Shipping and Offshore Conference.
Statoil's Polar Pioneer drills in the Skrugard field in the Barents Sea. (Photo: Harald Pettersen/Statoil)

Arctic oil discovery heralds more finds in Norway’s Barents Sea

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Norway may see a series of Arctic oil finds after a well produced crude from a previously unproductive layer of rock, explorer Lundin Petroleum AB said.