Conoco Puts Arctic Drilling on Ice, Greens Crow No Firms Ready

摘要

Citing a lack of clarity over federal rules to drill in the Arctic, ConocoPhUlips Alaska joined an exclusive club last week - E&P companies that have pulled back on plans to drill in the frontier region. "While we are confident in our own expertise and abihty to safely conduct offshore v^rctic operations, we beHeve that more time is needed to ensure that aU regulatory stakeholders are aligned," Trond-Erik Johansen, the president of Conoco's Alaska subsidiary, said last week.