Arab Today, arab today shell scraps controversial oil exploration in alaska
Last Updated : GMT 21:46:51
Arab Today, arab today
Arab Today, arab today

Shell scraps controversial oil exploration in Alaska

Arab Today, arab today

Arab Today, arab today Shell scraps controversial oil exploration in Alaska

Anglo-Dutch energy giant Royal Dutch Shell
London - AFP

Anglo-Dutch energy giant Royal Dutch Shell said Monday it had scrapped its controversial offshore exploration in Alaska after failing to find sufficient quantities of oil and gas.

Shell announced that its Burger J well in the Chukchi Sea, off the northwest coast of Alaska, did not warrant further exploration, adding it would now stop its activities in Alaskan waters.

The energy major began drilling in July, two months after US President Barack Obama authorised Arctic oil drilling, a decision that infuriated environmental groups.

"Shell has found indications of oil and gas in the Burger J well, but these are not sufficient to warrant further exploration in the Burger prospect," the London-listed group said in a statement.

"The well will be sealed and abandoned in accordance with US regulations."

It added: "Shell will now cease further exploration activity in offshore Alaska for the foreseeable future.

"This decision reflects both the Burger J well result, the high costs associated with the project, and the challenging and unpredictable federal regulatory environment in offshore Alaska."

In reaction to Obama's decision in May, Greenpeace denounced the US president and urged people to sign an online petition to block offshore Arctic drilling.

Justifying his move to allow Shell to drill in the area, Obama had described US oil production an "important" source of energy.

However, Greenpeace described oil drilling in the region as a "terrible mistake" that could damage the fragile Arctic environment and potentially spark an ecological disaster.

The pressure group had vowed to fight Shell and urged Obama to stop the firm's exploration activities in the region.

Shell said on Monday that Alaska was still of major importance for the United States, but added it was disappointed with its exploration results.

"The Shell Alaska team has operated safely and exceptionally well in every aspect of this year's exploration program," said Marvin Odum, director of Shell Upstream Americas.

"Shell continues to see important exploration potential in the basin, and the area is likely to ultimately be of strategic importance to Alaska and the US.

"However, this is a clearly disappointing exploration outcome for this part of the basin."

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today shell scraps controversial oil exploration in alaska Arab Today, arab today shell scraps controversial oil exploration in alaska

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today shell scraps controversial oil exploration in alaska Arab Today, arab today shell scraps controversial oil exploration in alaska

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: أخبار الشركات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday