Greenland Halts New Offshore Drilling Licenses

While the 20 licenses currently in use will be not be affected, the new Greenland government will not be issuing permission to drill offshore.

The new government in Greenland is putting a halt on granting offshore drilling licenses. Jens-Erik Kirkegaard, the country's new minister for natural resources, announced earlier this week that the 20 active licenses for drilling in the Arctic waters are sufficient for the area. 

While the government is will not likely offer more soon, the existing licenses should not be affected. 

According to the U.S. Geological Survey, Arctic waters hold 30 percent of the world's untapped natural gas and 13 percent of its undiscovered oil. Only Cairn Energy, a Scotland-based company, has drilled off the Greenland coast recently and no oil was discovered. 

Download Center

HTML - No Current Item Deck
  • Free Safety Management Software Demo

    IndustrySafe Safety Management Software helps organizations to improve safety by providing a comprehensive toolset of software modules to help businesses identify trouble spots; reduce claims, lost days, OSHA fines; and more.

  • Get the Ultimate Guide to OSHA Recordkeeping

    When it comes to OSHA recordkeeping there are always questions regarding the requirements and in and outs. IndustrySafe is here to help. We put together this page with critical information to help answer your key questions about OSHA recordkeeping.

  • Safety Training 101

    When it comes to safety training, no matter the industry, there are always questions regarding requirements and certifications. We put together a guide that’s easy to digest so you can ensure you're complying with OSHA's training standards.

  • Conduct EHS Inspections and Audits

    Record and manage your organization’s inspection data with IndustrySafe’s Inspections module. IndustrySafe’s pre-built forms and checklists may be used as is, or can be customized to better suit the needs of your organization.

  • Track Key Safety Performance Indicators

    IndustrySafe’s Dashboard Module allows organizations to easily track safety KPIs and metrics. Gain increased visibility into your business’ operations and safety data.

  • Industry Safe
comments powered by Disqus