Europe / Caspian / CIS

Greenland flag
Summary | Profile

Country profile: Greenland

Location: Northern North America, island between the Arctic Ocean and the North Atlantic Ocean, northeast of Canada. Note: land: 2,166,086 sq km (410,449 sq km ice-free, 1,755,637 sq km ice-covered) (2000 est.)
Climate: arctic to subarctic; cool summers, cold winters
Terrain: flat to gradually sloping icecap covers all but a narrow, mountainous, barren, rocky coast
Size: 2166086 sq. km total (Land area: 2166086 sq. km )
Population: 56,326 (July 2008 est.)
Languages: Greenlandic (East Inuit), Danish, English
Government: parliamentary democracy within a constitutional monarchy
Capital city: Nuuk (Godthab)
Legal system: the laws of Denmark, where applicable, apply
Currency: Danish krone (DKK)
Licensing:

Country profile

Greenland, the world's largest island, is about 81% ice-capped. Vikings reached the island in the 10th century from Iceland; Danish colonization began in the 18th century, and Greenland was made an integral part of Denmark in 1953. It joined the European Community (now the EU) with Denmark in 1973, but withdrew in 1985 over a dispute centered on stringent fishing quotas.

Greenland was granted self-government in 1979 by the Danish parliament; the law went into effect the following year. Denmark continues to exercise control of Greenland's foreign affairs in consultation with Greenland's Home Rule Government.

Energy production and consumption


Oil Gas
Production:    
Consumption: 3,880 bbl/day (2005 est.)  
Exports: 149 bbl/day (2005 est.)  
Imports: 4,013 bbl/day (2005 est.)  
Reserves:    
Major fields:



Greenland - recent news

20 Mar 19
Greenland: Greenland Gas & Oil announces new licence award and operations update
Greenland Gas & Oil has confirmed the award of a new licence and extension of existing licences, as well as provided details of upcoming operational activities on its Jameson Land acreage located onshore south-east Greenland. The Company will commence detailed planning for a drilling programme commencing in the fall of 2020.
31 Oct 18
Greenland says China oil majors eyeing Arctic island's onshore blocks
China National Petroleum Corp (CNPC) and China National Offshore Oil Corp (CNOOC) have expressed interest in bidding for onshore oil and gas blocks in Greenland to be offered in 2021, officials from the island said on Tuesday.

Greenland - more news

Other countries in this region




A global information service for upstream oil and gas opportunities - divestitures, farmins and farmouts and licensing rounds.


Subscriber Only Deals

Current Deals

Current Upstream Deals: 361

Completed Deals

Completed Upstream Deals: 5520

Company Profiles

Current Company Profiles: 2730

Corporate Activity

Current Corporate Activity articles: 3517

Companies Looking

Current number of articles: 440

Company Sales

Current Company Sales articles:1426

Geostudies

Current Geostudies articles: 742

How to subscribe

energy-pedia Jobs

RSS Feed Widget
See all jobs...


energy-pedia Databank

The energy-pedia databank contains links to information on the world financial and energy markets, including share prices, oil and gas prices and the global stock exchanges. Read more...



energy-pedia Glossary

A list of commonly used terms in the oil and gas industry. Read more...

Subscribe

Subscribe to the FREE
energy-pedia Daily Newsletter
Subscribe

Geoespace
Union Jack Oil 149
Bayphase
OPC
SLR Consulting logo
Rose & Assocs 149
Government of South Australia
energy365
KL Publishing
About energy-pedia

energy-pedia news is a FREE news service written and edited by E and P professionals for E and P professionals.

We don't just report the news, we give you the technical background as well, with additional information derived from our unique energy-pedia opportunities service.
Contact us

energy365 Ltd

238 High Street
London Colney
St Albans
UNITED KINGDOM

Tel: +44(0)1727 822675

Email: info@energy-pedia.com