Europe / Caspian / CIS
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
| 30 Apr 26 |
Greenland: Nasdaq listed JV partner Greenland Energy Company ('GLND') raises US$70,000,000 - Jameson drilling funded with 80M retaining 30% interest Under the terms of 80 Mile's definitive JV agreement, GLND is entitled to earn up to a 70% interest by funding 100% of the costs associated with drilling two exploration wells at the Company's Jameson project. 80 Mile will retain a 30% interest in Jameson through its wholly owned subsidiary White Flame Energy A/S. |
| 27 Apr 26 |
Greenland: Greenland Energy signs Halliburton agreement for 2026 Jameson Land drilling campaign Greenland Energy Company has signed an agreement with Halliburton for integrated consulting services and logistical management relating to the planning, coordination, handling, and transportation of equipment, services, and goods. The agreement includes comprehensive well and drilling services for Greenland Energy’s onshore campaign in the Jameson Land Basin. |
| 11 Apr 26 |
Greenland Energy Company advancing exploration, strengthening supply position Greenland Energy Company is an energy exploration company focused on responsibly developing Greenland’s hydrocarbon resources, with an emphasis on the Jameson Land Basin. It aims to advance oil and gas exploration and create a publicly traded platform for Arctic energy development. |
| 31 Mar 26 |
Greenland Energy Company secures a strategic agreement for advanced rig capacity to support onshore oil exploration programme Greenland Energy Company has announced a strategic drilling agreement with Stampede Drilling Inc., a leading Canadian energy services company, to provide a high-performance rig and expert services for upcoming operations in the Jameson Land Basin. |
| 27 Mar 26 |
Greenland Energy Company commences trading on NASDAQ 80 Mile PLC confirms that Pelican Acquisition Corporation has completed its acquisition of Greenland Exploration Limited and commenced trading on NASDAQ under the name Greenland Energy Company. The transaction consolidates Pelican, GLND, and March GL into a single U.S.-listed entity, focused on the development of the Jameson liquid hydrocarbon project in East Greenland, one of the world's largest and last undrilled onshore hydrocarbon basins. |
Greenland - more news
Other countries in this region
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