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
Indian Ocean Ocean. The term was still in use during the mid-18th century. The borders of the Indian Ocean, as delineated by the International Hydrographic Organization in 1953 included the Southern Ocean but not the marginal seas along the northern rim, but in 2000 the IHO delimited the Southern Ocean separately, which removed waters south of 60°S from the Indian Ocean, but included the northern marginal seas. Meridionally, the Indian Ocean is delimited from the Atlantic Ocean by the 20° east meridian, running south from Cape Agulhas, and from the Pacific Ocean by the meridian of 146°55'E, running south from the southernmost