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7/6/07

Times Online: Huge drilling programme by the Anglo Dutch Shell heralds scramble for the Arctic - by Steve Hawkes


For the complete report in the Times Online click on this link

Huge drilling programme by the Anglo Dutch Shell heralds scramble for the Arctic - by Steve Hawkes

Shell is preparing its biggest exploration programme in the Arctic Ocean off Alaska for more than a decade, a move that could establish a new frontier for the oil and gas industry. The Anglo-Dutch energy giant expects to start a controversial three-year programme next month with a small armada of ships drilling a dozen wells in the Beaufort Sea 30 miles off the Alaskan coast.

Industry experts have claimed that it could spark a rush into one of the world’s biggest untapped energy reserves.

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