1 Table of Contents
1.1 List of Tables
1.2 List of Figures
2 Introduction
2.1 Overview
2.2 GlobalData Report Guidance
3 Arctic Region Holds Vast Technically Recoverable Oil and Gas Resources
3.1 The Arctic Region Holds Substantial Undiscovered Oil and Natural Gas Resources
3.2 Major Sedimentary Basins in the Arctic Region
3.3 Oil and gas Exploration in the Arctic: Key Drivers and Challenges 3.3.1 Substantial Oil and Gas Reserves and Advanced Offshore Drilling Technologies to Enable International Oil Companies to Increase Exploration Activities in Arctic Region
3.3.2 Shrinking Ice Cover in the Arctic to Lead to Increased Exploration and Drilling Activities
3.3.3 Russian Government's New Tax Approach to Strengthen Incentives for Offshore Operations
3.3.4 Environmental Issues May Hamper Exploration Activities
3.3.5 Opposition from Environmental Groups Regarding Exploration in Arctic Region
3.3.6 Harsh Climatic Conditions in the Arctic Affect Infrastructure Development Activities
3.3.7 Territorial Disputes Affect Oil and Gas Development in Arctic
4 Rosneft Forges Alliances With International Companies to Explore Arctic Assets
4.1 Exploration Activities in the Arctic Region 4.1.1 Exploration Activities in the Kara Sea Blocks
4.1.2 Exploration Activities in the Pechora Sea
4.2 Rosneft Co-operates with IOCs to Explore and Develop Arctic Resources and Venture into Other International Projects Operated by IOCs 4.2.1 Rosneft and ExxonMobil Co-operate on Exploration and Production Activities in Kara Sea and Western Siberian Basin
4.2.2 Rosneft and Statoil
4.2.3 Rosneft and ENI
5 ExxonMobil has Strong Presence in the US, Canada, Greenland and Russian Arctic
5.1 Exploration Activities in the Arctic Region 5.1.1 Exploration in Alaska Arctic
5.1.2 Exploration in Canadian Arctic
5.1.3 Exploration in Offshore Russia
5.1.4 Exploration in Greenland: Orsivik and Puilasoq
5.2 Exxon and Rosneft Sign Agreement to Explore Arctic oil in Kara Sea
6 Statoil Takes Strategic Approach to Broadening its Presence in the Arctic
6.1 Exploration Activities in the Arctic Region 6.1.1 Exploration in Canadian Arctic
6.1.2 Exploration in Greenland
6.1.3 Exploration in North American Arctic (Alaska)
6.1.4 Exploration in Russian Arctic
6.2 Major Discoveries in the Arctic 6.2.1 Mizzen
6.2.2 Havis
6.2.3 Skrugard
6.3 Statoil Forms Joint Venture with Rosneft to Carry Out Exploration Activities in Barents Sea and Okhotsk Sea
6.4 Statoil Forges Partnership with Gazprom to Develop Shtokman Field
7 Cairn Energy Focuses on Greenland Arctic Region
7.1 Exploration Activities in the Arctic Region 7.1.1 Exploration in Greenland
7.2 Cairn Energy Sell Equity Stakes of Greenland Licenses to Statoil
8 Royal Dutch Shell Among the Leading Companies Focusing on Exploration in the Arctic Region
8.1 Exploration Activities in the Arctic Region 8.1.1 Exploration in Alaska
8.1.2 Exploration in Canadian Arctic
8.1.3 Exploration in Russian Arctic
8.1.4 Exploration in Greenland
8.2 Gazprom and Royal Dutch Shell Co-operate in the Development of Sakhalin Project
9 BP Plc has Strong Presence in the US and Russian Arctic Regions
9.1 Exploration Activities in the Arctic Region 9.1.1 Exploration and Production in Alaskan Arctic
9.1.2 Exploration in Russian Arctic
10 Appendix
10.1 Abbreviations
10.2 Market Definitions
10.3 Sources
10.4 Methodology 10.4.1 Coverage
10.4.2 Secondary Research
10.4.3 Primary Research
10.4.4 Expert Panel Validation
10.5 Contact Us
10.6 Disclaimer
List Of Tables
Table 1: The Arctic Region, Conventional Oil and Natural Gas Resources (Mean Estimated Undiscovered Technically Recoverable) By Province, 2012
Table 2: The Arctic, BP Plc, Alaska Operations, Prudhoe Bay Satellite Fields, 2012
List Of Figures
Figure 1: The Arctic Region, Location Map, 2012
Figure 2: The Arctic Sea, Probability of the Presence of at Least One Undiscovered Oil And/or Gas Field with Recoverable Resources Greater than 50 MMboe
Figure 3: The Arctic Sea, Distribution of Undiscovered Oil and Natural Gas Resources, 2012
Figure 4: The Arctic Sea, Undiscovered Gas, 2012
Figure 5: The Arctic Sea, Undiscovered Oil, 2012
Figure 6: The Arctic Sea, Major Sedimentary Basins, Location Map, 2012
Figure 7: The Arctic, Exclusive Economic Zone, 2012
Figure 8: The Arctic Region, Russia, Exploration Blocks with Rosneft, 2012
Figure 9: The Arctic Sea, Russia, Western Siberia Basin, Location Map, 2012
Figure 10: The Arctic Region, ExxonMobil Operations, 2012
Figure 11: The Arctic Region, Sakhalin-1 Project, 2012
Figure 12: The Arctic Region, Assets of Statoil, 2012
Figure 13: The Arctic Region, Statoil, Canadian Arctic Operations, 2012
Figure 14: The Arctic Region, Statoil, Leases in the Alaskan Arctic, 2012
Figure 15: The Arctic Region, Statoil, Skrugard Discovery Location Map, 2012
Figure 16: The Arctic Sea, Statoil, Shtokman Project, 2012
Figure 17: The Arctic Region, Cairn Energy, Arctic Operations, 2012
Figure 18: The Arctic Region, Cairn Energy, Exploration Blocks, 2012
Figure 19: The Arctic Region, Royal Dutch Shell, Arctic Operations, 2012
Figure 20: The Arctic Region, Royal Dutch Shell, Sakhalin II Project, 2012
Figure 21: The Arctic Region, Royal Dutch Shell, Ormen Lange Oil and Gas Production, 2012
Figure 22: The Arctic Region, Royal Dutch Shell, Ormen Lange Gas Filed and Langeled Pipeline, 2012
Figure 23: The Arctic Region, BP Plc, Assets in Alaska, 2012
Figure 24: The Arctic, BP Plc, Alaska Operations, Prudhoe Bay, 2012
Figure 25: The Arctic Region, BP Plc, Russian Arctic, 2012