Arctic Hydrocarbon Exploration and Production: Evaluating the Legal Regime for Offshore Accidential Pollution Liability

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Abstract

The Arctic has enormous hydrocarbon potential which is attracting international oil companies to invest, explore and exploit its reserves. Drilling in this region presents infrastructural, technological and environmental challenges with high accidental pollution risks involved. In the wake of the Deepwater Horizon incident of 2010 in the Gulf of Mexico, there are serious concerns about the effects and legal consequences of a possible major oil spill. This calls into question the adequacy of existing global and regional regulatory frameworks governing accidental pollution, particularly in such important area as oil pollution damage liability and compensation. It is important that an international regime is in place that provides prompt and adequate compensation to the victims of pollution and remedial measures necessary to protect the Arctic environment and innocent third parties. This paper examines and evaluates global and regional regulations pertinent to pollution resulting from offshore petroleum operations in the Arctic, focusing especially on accident pollution liability and compensation from offshore facilities. A regional intergovernmental framework or an industry-wide compensation scheme would be among the most obvious options in addressing the apparent gap in the existing environmental regime of the Arctic.
Original languageEnglish
Title of host publicationArctic Yearbook 2018
EditorsL. Heininen, H. Exner-Pirot
Place of PublicationAkureyri
PublisherNorthern Research Forum
Pages307-327
Publication statusPublished - 2018

Publication series

NameArctic Yearbook
PublisherNorthern Research Forum
ISSN (Electronic)2298-2418

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Arctic
liability
international regime
incident
accident
damages
Mexico
regulation
industry

Cite this

Vinogradov, S., & Azubuike, S. I. (2018). Arctic Hydrocarbon Exploration and Production: Evaluating the Legal Regime for Offshore Accidential Pollution Liability. In L. Heininen, & H. Exner-Pirot (Eds.), Arctic Yearbook 2018 (pp. 307-327). (Arctic Yearbook). Akureyri: Northern Research Forum.
Vinogradov, Sergei ; Azubuike, Smith I. / Arctic Hydrocarbon Exploration and Production : Evaluating the Legal Regime for Offshore Accidential Pollution Liability. Arctic Yearbook 2018. editor / L. Heininen ; H. Exner-Pirot. Akureyri : Northern Research Forum, 2018. pp. 307-327 (Arctic Yearbook).
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abstract = "The Arctic has enormous hydrocarbon potential which is attracting international oil companies to invest, explore and exploit its reserves. Drilling in this region presents infrastructural, technological and environmental challenges with high accidental pollution risks involved. In the wake of the Deepwater Horizon incident of 2010 in the Gulf of Mexico, there are serious concerns about the effects and legal consequences of a possible major oil spill. This calls into question the adequacy of existing global and regional regulatory frameworks governing accidental pollution, particularly in such important area as oil pollution damage liability and compensation. It is important that an international regime is in place that provides prompt and adequate compensation to the victims of pollution and remedial measures necessary to protect the Arctic environment and innocent third parties. This paper examines and evaluates global and regional regulations pertinent to pollution resulting from offshore petroleum operations in the Arctic, focusing especially on accident pollution liability and compensation from offshore facilities. A regional intergovernmental framework or an industry-wide compensation scheme would be among the most obvious options in addressing the apparent gap in the existing environmental regime of the Arctic.",
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language = "English",
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pages = "307--327",
editor = "L. Heininen and H. Exner-Pirot",
booktitle = "Arctic Yearbook 2018",
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Vinogradov, S & Azubuike, SI 2018, Arctic Hydrocarbon Exploration and Production: Evaluating the Legal Regime for Offshore Accidential Pollution Liability. in L Heininen & H Exner-Pirot (eds), Arctic Yearbook 2018. Arctic Yearbook, Northern Research Forum, Akureyri, pp. 307-327.

Arctic Hydrocarbon Exploration and Production : Evaluating the Legal Regime for Offshore Accidential Pollution Liability. / Vinogradov, Sergei; Azubuike, Smith I.

Arctic Yearbook 2018. ed. / L. Heininen; H. Exner-Pirot. Akureyri : Northern Research Forum, 2018. p. 307-327 (Arctic Yearbook).

Research output: Chapter in Book/Report/Conference proceedingChapter (peer-reviewed)

TY - CHAP

T1 - Arctic Hydrocarbon Exploration and Production

T2 - Evaluating the Legal Regime for Offshore Accidential Pollution Liability

AU - Vinogradov, Sergei

AU - Azubuike, Smith I.

PY - 2018

Y1 - 2018

N2 - The Arctic has enormous hydrocarbon potential which is attracting international oil companies to invest, explore and exploit its reserves. Drilling in this region presents infrastructural, technological and environmental challenges with high accidental pollution risks involved. In the wake of the Deepwater Horizon incident of 2010 in the Gulf of Mexico, there are serious concerns about the effects and legal consequences of a possible major oil spill. This calls into question the adequacy of existing global and regional regulatory frameworks governing accidental pollution, particularly in such important area as oil pollution damage liability and compensation. It is important that an international regime is in place that provides prompt and adequate compensation to the victims of pollution and remedial measures necessary to protect the Arctic environment and innocent third parties. This paper examines and evaluates global and regional regulations pertinent to pollution resulting from offshore petroleum operations in the Arctic, focusing especially on accident pollution liability and compensation from offshore facilities. A regional intergovernmental framework or an industry-wide compensation scheme would be among the most obvious options in addressing the apparent gap in the existing environmental regime of the Arctic.

AB - The Arctic has enormous hydrocarbon potential which is attracting international oil companies to invest, explore and exploit its reserves. Drilling in this region presents infrastructural, technological and environmental challenges with high accidental pollution risks involved. In the wake of the Deepwater Horizon incident of 2010 in the Gulf of Mexico, there are serious concerns about the effects and legal consequences of a possible major oil spill. This calls into question the adequacy of existing global and regional regulatory frameworks governing accidental pollution, particularly in such important area as oil pollution damage liability and compensation. It is important that an international regime is in place that provides prompt and adequate compensation to the victims of pollution and remedial measures necessary to protect the Arctic environment and innocent third parties. This paper examines and evaluates global and regional regulations pertinent to pollution resulting from offshore petroleum operations in the Arctic, focusing especially on accident pollution liability and compensation from offshore facilities. A regional intergovernmental framework or an industry-wide compensation scheme would be among the most obvious options in addressing the apparent gap in the existing environmental regime of the Arctic.

M3 - Chapter (peer-reviewed)

T3 - Arctic Yearbook

SP - 307

EP - 327

BT - Arctic Yearbook 2018

A2 - Heininen, L.

A2 - Exner-Pirot, H.

PB - Northern Research Forum

CY - Akureyri

ER -

Vinogradov S, Azubuike SI. Arctic Hydrocarbon Exploration and Production: Evaluating the Legal Regime for Offshore Accidential Pollution Liability. In Heininen L, Exner-Pirot H, editors, Arctic Yearbook 2018. Akureyri: Northern Research Forum. 2018. p. 307-327. (Arctic Yearbook).