The Greenland continental shelf remains an underexplored frontier area. While the area contains high subsurface potential and is governed by a reasonably attractive fiscal regime, exploration comes with significant technical and commercial challenges.The presence of the Greenland ice cap means seismic activity is only possible in areas with summer temperatures warm enough to melt the ice; this is particularly an issue to the east of the country. Onshore glaciers also calve large icebergs ...
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Volatility in oil markets has led players in the upstream oil and gas industry to focus on reducing capital spend and operating costs. At the same time, governments need to review fiscal terms to maintain attractiveness and investment.
This country report gives an overview of the key upstream issues for this country. If you’re interested in identifying and assessing upstream investment and expansion opportunities, this upstream summary is your definitive commercial guide.
Potential investors, governments and companies in the oil and gas sector can use it to gain a better understanding of the critical issues for development opportunities in this country.
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Country report | Jun 2016
Greenland upstream summary
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