Norwegian oil giant Statoil has now announced that they intend to follow Royal Dutch Shell and move its offices out of the state of Alaska according to a press release issued by the oil company. Saying the Chukchi Sea leases were no longer competitive, Tim Dodson, executive vice president for exploration in Statoil stated, “Since 2008 we […]
Disappointed by the results of their Burger J exploratory wells in the Chukchi Sea, Royal Dutch Shell announced that they will not be exploring for oil in Alaska for the “foreseeable future,” they said in a statement. Shell said on Monday, that they had “found indications of oil and gas in the Burger J well, but […]
The Obama Administration has given Royal Shell Oil permission to drill in the Arctic Ocean off Alaska’s northwest coast. This is the first time gas and drilling operations have been given the go-ahead since an exploratory well was drilled in 1991. In a statement released Monday, an administration environmental official pledged to monitor the work […]
JUNEAU—Governor Bill Walker Thursday stated his support of two recent announcements on Arctic offshore oil and gas exploration. On Tues., March 31, the U.S. Department of Interior issued a Record of Decisionaffirming Chukchi Sea OCS Oil and Gas Lease Sale 193 and the remaining oil and gas leases issued in 2008 as a result of […]