Greenland is a North American autonomous territory of the Kingdom of Denmark. It is the largest autonomous territory within the Kingdom and one of two such territories within the Kingdom, the others being the Faroe Islands; the citizens of both territories as well as Denmark proper are all citizens of Denmark. As Greenland is one of the Overseas Countries and Territories of the European Union, citizens of Greenland are European Union citizens. The capital and largest city of Greenland is Nuuk. Greenland lies between the Arctic and Atlantic oceans, east of the Canadian Arctic Archipelago. It is the world's largest island, as well as the northernmost area of the world – Kaffeklubben Island off the northern coast is the world's northernmost undisputed point of land, and Cape Morris Jesup on the mainland was thought to be so until the 1960s.
The economy of Greenland is characterized as small, mixed and vulnerable. Greenland's economy consists of a large public sector and comprehensive foreign trade. This has resulted in an economy with periods of strong growth, considerable inflation, unemployment problems and extreme dependence on capital inflow from the Kingdom Government.
The defence of Greenland is the responsibility of the Kingdom of Denmark; the government of Greenland does not have control of Greenland's military or foreign affairs. In the history of Greenland there have been many changes of presence regarding who is in charge of the security of Greenlandic people and its land.
ConocoPhillips Company is an American multinational corporation engaged in hydrocarbon exploration and production. It is based in the Energy Corridor district of Houston, Texas.
Reflection seismology is a method of exploration geophysics that uses the principles of seismology to estimate the properties of the Earth's subsurface from reflected seismic waves. The method requires a controlled seismic source of energy, such as dynamite or Tovex blast, a specialized air gun or a seismic vibrator. Reflection seismology is similar to sonar and echolocation.
TotalEnergies SE is a French multinational integrated energy and petroleum company founded in 1924 and is one of the seven supermajor oil companies. Its businesses cover the entire oil and gas chain, from crude oil and natural gas exploration and production to power generation, transportation, refining, petroleum product marketing, and international crude oil and product trading. TotalEnergies is also a large-scale chemicals manufacturer.
North Sea oil is a mixture of hydrocarbons, comprising liquid petroleum and natural gas, produced from petroleum reservoirs beneath the North Sea.
Petoro is a company that is wholly owned by the Government of Norway. Established in 2001, it manages the Government's portfolio—collectively called State's Direct Financial Interest (SDFI)—of exploration and production licenses for petroleum and natural gas on the Norwegian continental shelf. The company also has a control function surveying Equinor's production on behalf of the Government. Petoro is not an operator of any fields and does not directly own the licenses.
The PJSC LukoilOil Company is a Russian multinational energy corporation headquartered in Moscow, specializing in the business of extraction, production, transport, and sale of petroleum, natural gas, petroleum products, and electricity. It was formed in 1991 when three state-run, western Siberian companies named after the respective town in Khanty–Mansi Autonomous Okrug that each was based in, Langepasneftegaz, Urayneftegaz, and Kogalymneftegaz, merged. Its name is the combination of the acronym LUK and the English word "oil".
Repsol S.A. is a Spanish multinational energy and petrochemical company based in Madrid. It is engaged in worldwide upstream and downstream activities. In the 2022 Forbes Global 2000, Repsol was ranked as the 320th-largest public company in the world. As of 2022, it has 24,000 employees worldwide.
The Greenland Sea is a body of water that borders Greenland to the west, the Svalbard archipelago to the east, Fram Strait and the Arctic Ocean to the north, and the Norwegian Sea and Iceland to the south. The Greenland Sea is often defined as part of the Arctic Ocean, sometimes as part of the Atlantic Ocean. However, definitions of the Arctic Ocean and its seas tend to be imprecise or arbitrary. In general usage the term "Arctic Ocean" would exclude the Greenland Sea. In oceanographic studies the Greenland Sea is considered part of the Nordic Seas, along with the Norwegian Sea. The Nordic Seas are the main connection between the Arctic and Atlantic oceans and, as such, could be of great significance in a possible shutdown of thermohaline circulation. In oceanography the Arctic Ocean and Nordic Seas are often referred to collectively as the "Arctic Mediterranean Sea", a marginal sea of the Atlantic.
Severstal is a Russian company mainly operating in the steel and mining industry, headquartered in Cherepovets. Severstal is listed on the Moscow Exchange and LSE and is the largest steel company in Russia. The company is majority-owned and controlled by billionaire Alexey Mordashov.
Oil and Gas Development Company Limited, commonly known as OGDCL is a Pakistani oil and gas company. It has a primary listing on the Pakistan Stock Exchange, and secondary listing on the London Stock Exchange. Established in 1961 by the Government of Pakistan, it was turned into a public listed company on 23 October 1997. Today it is involved in exploring, drilling, refining and selling oil and gas in Pakistan. It is based on Jinnah Avenue, Blue Area in Islamabad, with the Government of Pakistan holding 74% stake in the company. Rest are held by private investors. For the financial year 2022, it reported net sales of Rs 335.46 billion and profit of Rs 133.78 billion.
Novatek is Russia's second-largest natural gas producer, and the seventh-largest publicly traded company globally by natural gas production volume. The company was originally known as OAO FIK Novafininvest. Novatek is based in the Yamalo-Nenets Autonomous Region in West Siberia, and maintains a sales office in Moscow. In the 2020 Forbes Global 2000, Novatek was ranked as the 316th-largest public company in the world.
Exploration for petroleum in the Arctic is expensive and challenging both technically and logistically. In the offshore, sea ice can be a major factor. There have been many discoveries of oil and gas in the several Arctic basins that have seen extensive exploration over past decades but distance from existing infrastructure has often deterred development. Development and production operations in the Arctic offshore as a result of exploration have been limited, with the exception of the Barents and Norwegian seas. In Alaska, exploration subsequent to the discovery of the Prudhoe Bay oilfield has focussed on the onshore and shallow coastal waters.
Arctic Slope Regional Corporation, or ASRC, is one of 13 Alaska Native Regional Corporations created under the Alaska Native Claims Settlement Act of 1971 (ANCSA) in settlement of aboriginal land claims. ASRC was incorporated in Alaska on June 22, 1972. Headquartered in Utqiaġvik, Alaska, with administrative offices in Anchorage, ASRC was as of 2017, a for-profit corporation with nearly 11,000 Alaska Native shareholders primarily of Inupiat Eskimo descent.
The following outline is provided as an overview of and topical guide to Greenland:
Bashneft is a Russian oil company formed by the transfer of the oil related assets of the Soviet oil ministry in Bashkortostan to the regional government of the Republic of Bashkortostan by Boris Yeltsin. It was then privatized during 2002-3 by Murtaza Rakhimov, the president of Bashkortostan, an ally of Yeltsin's, with a controlling interest in Bashkir Capital, a holding company controlled by Rakhimov's son, Ural Rakhimov. In 2009 a controlling interest in Bashneft was acquired for $2 billion by Vladimir Yevtushenkov and placed in his holding company, Sistema, but in July 2014 he was jailed and 72% of Sistema's interest in Bashneft seized by the Russian government. Following seizure of the company in December 2014 Yevtushenkov was released from jail, "charges not proven," but Ural Rakhimov was reported to have fled the country. It is one of the larger producers of oil products in the country. The company operates 140 oil and natural gas fields in Russia and has an annual oil production of 16 million tonnes. Bashneft owns three oil refineries located in Ufa with a combined capacity of 820,000 bbl/d (130,000 m3/d) and 100 petrol stations.
The Joint Arctic Command is a direct Level II authority in the Danish Defence. Joint Arctic Command's primary mission in peacetime is to ensure Danish sovereignty by monitoring the area around the Faroe Islands and Greenland. The command also handles tasks such as fisheries inspection, search and rescue (SAR), patient transport and other tasks that support the civil society. In short, the Joint Arctic Command handles military tasks, coast guard duties and disaster response - all in one organisation.
