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Russian Nuclear Sub Wreck Leaking Radiation 100,000 Times Higher Than Normal: Report

Russian Nuclear Sub Wreck Leaking Radiation 100,000 Times Higher Than Normal: Report

Researchers in Norway have discovered radiation levels in excess of 100,000 times normal next to a Soviet-era nuclear submarine which sank in the Arctic 30 years ago – a reading which is higher than those taken 12 years ago, according to Norwegian news outlet TV2

The Kosomolets went down in the Barents Sea in 1989, killing 42 out of its crew of 69, according to the Moscow Times. It is sitting at a depth of 1,665 meters (5,462 ft) with a severely damaged hull from sitting on the seabed for 30 years. 

The radioactivity was detected near a ventilation hole which has been observed to kick up ‘mysterious’ dust clouds. 

We have observed a kind of cloud coming out of this hole once in a while. In connection with the test in which we measured pollution, a cloud came out of the hole. This may indicate that the pollution comes out in pulses, says Heldal.

It is assumed that the ventilation hole at the top of the submarine tower is in direct contact with the reactor inside the wreck. This hole will now be monitored extra closely by the researchers the rest of the cruise, which is scheduled to be completed tomorrow. –TV2

“The results are preliminary. We will examine the samples thoroughly when we get home,” said Hilde Elsie Heldal of the Norwegian Institute of Marine Research. Heldal believes that the plumes might be caused by ocean currents, tides or other conditions related to the movement of the ocean. 

The samples were taken as part of a joint operation between Norway and Russia which set sail from northern Norway on Saturday. 

In other news, Russian servicemen reportedly avoided a “planetary catastrophe” after a recent nuclear sub accident. No cluewhat it had onboard, but we’re guessing it would do more than vent little clouds of radiation. 

The Beginning Of The End For Norwegian Oil

The Beginning Of The End For Norwegian Oil

Norway

The demise of the North Sea doesn’t necessarily mean the end of Norway’s petroleum era—far from it. Still, despite significant reserves in the Barents Sea, Norway is about to embark upon a long period of structural decline as its benchmark fields inch closer to depletion and its reserves taper before our very eyes.

The average Norwegian might not even perceive the difference between an oil-rich Norway and one that is past its prime. The nation’s massive external and fiscal net position, as well as its complete energy independence thanks to hydropower, allows for great flexibility regarding future policies. Yet its oil workers must prepare for a future that is much more Arctic, smaller-scale and gas-based.

There’s ample evidence to conclude that all the sweet spots of Norway’s continental shelf have been found. The latest shelf licensing round (24) elicited a weak response, with only 11 companies applying for production licenses. There was plenty to bid for—102 blocks were up for grabs (never before did the Norwegian Petroleum Directorate offer so much, with an overwhelming majority of them in the Barents Sea), but due to their remoteness from formations deemed to be the most hydrocarbon-rich, bidders were only half as numerous as they were during the previous licensing round in 2015.

Other factors also contributed, including ongoing legal disputes whether drilling in the Arctic breaches Point 112 of Norway’s constitution (“natural resources should be managed based on long-term considerations, safeguarded for future generations”) and questions over the admissibility of drilling in Russia-disputed Svalbard waters (10 blocks) might have scared away an investor or two.

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Norway’s Oil Sector Faces Existential Crisis

Norway’s Oil Sector Faces Existential Crisis

Norway

Oil companies have recently focused on frontier exploration drilling in the Barents Sea offshore in Norway, neglecting the powerhouse of the Norwegian oil industry, the North Sea.

Exploration activity in the North Sea—the most mature area of Western Europe’s biggest oil producer—is at an 11-year low this year, which is a concern for the industry’s regulator, the Norwegian Petroleum Directorate (NPD).

“That worries me,” NPD Director General Bente Nyland told Bloomberg in a recent interview, voicing the industry concern that without new oil discoveries, especially in mature areas with well-connected infrastructure, the decline in Norway’s oil production would be even bigger than expected.

Following a continual decline between 2001 and 2013, Norway’s crude oil production rose last year for the third year running, but according to the Norwegian Petroleum Directorate (NPD), oil production this year would be nearly half the volume from the peak in 2000-2001.

Two huge fields discovered in 2010 and 2011, Johan Sverdrup in the North Sea, and Johan Castberg in the Barents Sea, are expected to start operations in 2019 and 2022, respectively, and will lift Norway’s oil production in the early 2020s compared to expected declines in 2018 and 2019.

But after 2025, production and activity are expected to significantly drop off unless there are new discoveries, according to oil major Statoil.

Related: Trump’s China Trip To Reap Billions In Energy Deals

Norway’s Ministry of Petroleum and Energy, and NPD say:

“Production from new fields that come on stream will compensate for the decline in production from ageing fields. However, in the longer term, the level of production will depend on new discoveries being made, the development of discoveries, and the implementation of improved recovery projects on existing fields.”

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Olduvai IV: Courage
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Olduvai II: Exodus
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