Petroleum exploration in the Arctic

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Published on November 9, 2021 5:58:24 AM ● Video Link: https://www.youtube.com/watch?v=ChfZ4_2iWqI

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The exploration of the Arctic for petroleum is considered to be quite technically challenging. However, recent technological developments, as well as relatively high oil prices, have allowed for exploration. As a result, the region has received significant interest from the petroleum industry.
Since the onset of the 2010s oil glut in 2014, the commercial interest in Arctic exploration has declined.

Source: https://en.wikipedia.org/wiki/Petroleum_exploration_in_the_Arctic
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