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Search: WFRF:(Morgunova E) > (2010-2014)

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  • Morgunova, M., et al. (author)
  • The changing geopolitical scope around Arctic offshore petroleum resources : Part 1: Focus on investments
  • 2014
  • In: World Petroleum Congress Proceedings. - : Energy Institute. - 9781510825673 ; , s. 4324-4329
  • Conference paper (peer-reviewed)abstract
    • Latest oil and gas technologies, high oil prices and global climate change make the international business community and oil & gas companies explore distant hard accessible regions such as the Arctic[1], which is characterized by huge hydrocarbon resource potential[2], and can help our society to find a solution for escalating demand for energy. The importance of Arctic petroleum resources goes beyond the regional and national economies. Many consider the Arctic to be the last large petroleum frontier outside the OPEC cartel.[3] Thus geopolitical status of the Arctic is the subject for international game. The paper gives deeper insight into the interconnected and globalized topic of petroleum development in the Arctic region, provides better understanding of up-to-date trends, politics and international relations through the prospect of economic opportunity, which is the strongest driver for the new attention that the Arctic is receiving[4] , especially in the presence of economic and strategic interests, opening of areas by governments for industry exploration and public engagement. A complex series of steps and guidelines is suggested for peaceful, mutually advantageous and successful cooperation of the actors in the Arctic region in the nearest future, because the challenges will be even higher.
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  • Result 1-7 of 7

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