East-Prinovozemelsky field East-Prinovozemelsky field The East-Prinovozemelsky field (also referred as Vostochno-Prinovozemelskoye structure – meaning: East of Novaya Zemlya structure) is a gigantic undeveloped Arctic oil and gas field located in the South Kara basin of the continental shelf of Russia, in the South Kara Sea between the Yamal Peninsula and Novaya Zemlya island. It is the continuation of the continental West Siberian hydrocarbon province. The field is divided into three license blocks: EPNZ-1, EPNZ2, and ENPZ-3. In October 2010, licenses for all three blocks were awarded to Russian oil company Rosneft. In January 2011, Rosneft announced that it will form a strategic
Arctic Ocean The fervent desire of European merchants for a northern passage, the Northern Sea Route or the Northwest Passage, to "Cathay" (China) caused water to win out, and by 1723 mapmakers such as Johann Homann featured an extensive "Oceanus Septentrionalis" at the northern edge of their charts. The few expeditions to penetrate much beyond the Arctic Circle in this era added only small islands, such as Novaya Zemlya (11th century) and Spitzbergen (1596), though since these were often surrounded by pack-ice, their northern limits were not so clear. The makers of navigational charts, more conservative than some of the more fanciful