Department of Interior Cancels Two Chukchi, Beaufort Sea, Lease Sales

Department of Interior Cancels Two Chukchi, Beaufort Sea, Lease Sales

In announcement on Friday, the Department of the Interior cited current market conditions and low industry interest as reasons for the cancellation of two potential Arctic offshore lease sales that were scheduled under the current five-year offshore oil and gas leasing program for 2012-2017. This news comes after Shell’s announcement that it would cease further exploration […]

Shell Ceases Exploratory Operations in Chukchi Sea

Shell Ceases Exploratory Operations in Chukchi Sea

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 […]

Icebreaker Damage May Delay Shell’s Drilling Plans

Icebreaker Damage May Delay Shell’s Drilling Plans

The return of the 22-year-old icebreaker MSV Fennica to Dutch Harbor with hull damage curtailed its trip to the Arctic and has the potential to delay once again the oil giant Shell’s 2015 drilling plans. As the vessel was barely underway from the Aleutian Island port, a certified Alaska Marine Harbor Pilot and crew-members discovered […]