We have some investments in the offshore Arctic in Greenland and Canadian and Alaskan Beaufort Sea. There are no physical operations taking place in these locations.
We hold a 19.75% share in Rosneft, Russia’s largest oil company and remain committed to our strategic investment, while complying with all relevant sanctions. BP does not currently have operations in the offshore Russian Arctic or directly partner with Rosneft on any of its offshore Arctic licences. BP has one onshore Arctic exploration joint venture in the Yenisey-Khatanga area.
Our operations in Alaska have government-approved land, air, waste, wildlife and water use permits and oil spill response plans that consider the sensitivity of the Arctic. We share our knowledge and experience in the Arctic with our partners to help deliver safe and responsible operations in this sensitive environment.
We provide support to a number of environmental studies and monitoring programmes conducted by academics, government agencies and non-governmental organizations in and around the Prudhoe Bay oilfield. This includes studies on permafrost, ocean currents, wildlife and freshwater systems. For example, in terms of wildlife monitoring we:
BP Magazine reports on two locations where supplying energy to the world means working in brutal conditions