The Arctic is widely regarded as the last frontier for global oil and gas resource development. Despite the recent decline in oil prices, Arctic nations are positioning themselves to capitalize on prodigious oil and gas reserves, particularly those in United States and Russian territories. At the same time, environmental concerns and extreme operating conditions present daunting challenges both technologically and commercially. There is much at stake in the Arctic, and much to learn. How large is the hydrocarbon resource potential? How are the resources distributed across territorial claims? What are the operational and regulatory differences among Arctic nations? This conference addressed the risks, the opportunities, and the geopolitical and environmental stakes of Arctic oil and gas development.
Join the conversation online with #BakerArctic.
Agenda
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9:00 am |
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Coffee and Registration |
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9:30 am |
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Welcome and IntroductionKenneth B. Medlock, Ph.D., James A. Baker, III, and Susan G. Baker Fellow in Energy Resource Economics and Senior Director, Center for Energy Studies, Rice University's Baker Institute for Public Policy Opening RemarksArctic Policies and Priorities: Norwegian Perspectives |
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9:45 am |
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Keynote AddressThe Rapidly Changing Arctic: Challenges and Opportunities |
| 10:30 am |
Panel – The Arctic Potential: Challenges and Opportunity in a Long-term PlayModerator: Jim Krane, Ph.D., Wallace S. Wilson Fellow in Energy Studies, Baker Institute Overview of the Recent National Petroleum Council Arctic Study Offshore Risk Management and the License to Operate in the Arctic Measures to Prevent Oil Pollution in the Arctic Marine Environment |
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| 12:15 pm |
Networking Lunch |
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