Italian firm Eni poised to begin Arctic oil quest as Shell quits Alaska
▻http://www.theguardian.com/environment/2015/sep/30/italian-firm-eni-to-begin-arctic-oil-quest-shell-quits-alaska
As environmentalists celebrated Shell’s retreat from the Chukchi Sea this week, #Eni is meanwhile making final preparations to a $5.5bn (£3.6bn) project in the Norwegian Arctic.
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Eni’s spokesman sought to distance the Goliat project from Shell’s pursuit for oil in the Alaskan Arctic. He insisted Goliat is operating in a region considered by the industry as “the manageable Arctic” since it remains largely ice-free compared to other regions of the Arctic.
But the Goliat project – which Eni has developed with Norway’s state-owned Statoil – is undoubtedly part of the oil industry’s push further north into Arctic waters in search for untapped reserves.