Arctic resources race The Arctic consists of multiple sub-regions: Russian Arctic, Canadian Arctic, Greenland (Kalaallit Nunaat), Northern Alaska (USA), Svalbard(Norway), Iceland, Fennoscandia. In addition to these sub-regions, the Arctic Ocean and its multiple seas—Greenland Sea, Barents Sea, Kara Sea, Laptev Sea, East Siberian Sea, Chuckchi Sea, Beaufort Sea,etc.-- make the arctic a vast region with a variety of natural resources. The U.S. Geological Survey estimates that undiscovered oil and gas reserves in the Arctic amount to 22% of the world's total, about 412 billion barrels of oil. A Brookings Institution summary reported: The first offshore oil platform in the Arctic was Prirazlomnaya in
Seas west of Scotland Seas west of Scotland It is a central tenet of the EU maritime policy (Directorate-General for Maritime Affairs and Fisheries) that all seas have a particular nature, defined by their geography, their ecology, their economies and their people. Most seas are nested (e.g. Atlantic Ocean, Irish Sea, Morecambe Bay) and do not, except for specific purposes such as hydrography or fisheries management, have sharp, recognised boundaries. One important sea for purposes of fisheries management is referred to as the "seas West of Scotland". In line with the EU maritime policy, the sea does not only encompass the waters but also