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Petroleum geoscience at the top of the world:

Six percent of Earth’s surface lies within the Arctic Circle. This area is divided more or less equally between land, continental shelves (under less than 500m of water) and deep ocean basins.

Innovation and Determination:

The petroleum industry is now starting to draw on all its reserves of knowledge, innovation and determination in its efforts to produce hydrocarbons from this inhospitable region.

Petroleum geoscience at the top of the world:

The oil and gas deposits, in what was previously an inaccessible region, are becoming a lot less theoretical to the five nations that border the Arctic.

High North increasingly attractive for exploration:

Advances in the technology of oil and gas recovery, as well as the retreating ice sheet, make the High North an increasingly attractive region for energy exploration.

Did you know?

The United States Geological Survey (USGS) has estimated 30 of the world's undiscovered gas and 13% of its undiscovered oil may be in the Arctic.

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