Different scenarios of the oil fields development in the Pechora Sea

The Arctic region is thought to play a key role in the world’s oil and gas field development and hydrocarbon resources production. Estimates indicate that approximately 25% of the world’s unexplored hydrocarbon reserves lay beneath the depths of the Arctic regions. Starting with a description of the most urgent oil and gas prospects in the eastern part of the Barents Sea the project will discuss investigations for arctic offshore structures, types of offshore structures, transportation system for arctic conditions, the challenges for development of potential hydrocarbon fields in the Barents Sea Area. Main accent in the presented project will be placed on the case study which has been done with regard to the oil field development. Also economical calculations will support technical decisions concerning complex schemes of arrangement. As well, risky scenarios during platform transportation to the place of installation and during process of offloading will be analyzed to the environmental safety. Based on a review of possible technical solutions and economical evaluations for oil field development in the Arctic sea, conclusions will be finally given