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Saxalin Islands: Difference between revisions
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===Offshore energy=== | ===Offshore energy=== | ||
====Oil and gas==== | ====Oil and gas==== | ||
The seabed of waters off the Saxalins are home to some of the largest oil and gas reserves in the Kiravian Collectivity, and the largest outside of Sydona. Active oil and gas exploration and extraction have been underway since the 1960s, and contemporary production is concentrated in three main offshore fields. | The oil and gas industry plays a central role in the economy of the Saxalin Islands. 98% of production comes from offshore fields: the seabed of waters off the Saxalins are home to some of the largest oil and gas reserves in the Kiravian Collectivity, and the largest outside of Sydona. Active oil and gas exploration and extraction have been underway since the 1960s, and contemporary production is concentrated in three main offshore fields. The services industry in the Saxalins has become a leader in developing technology for hydrocarbon extraction offshore. | ||
=====Renewable energy===== | =====Renewable energy===== | ||
The stormy circumpolar waters surrounding the Saxalins have been identified as a potentially lucrative source of renewable energy. The first attempt at harnassing the violent sea winds was made in 2004, when the [[Kiravian Maritime Executive|Contiguous Zone Authority]] issued a licence to [[Cities of Kiravia#Xéulev|Xéulev]]-based ElectricSlide [[Legal entity types in Kiravia#SAK|SAK]] to erect an {{wp|offshore wind farm}} on the semi-submerged Reseda Shoals. The project was abandoned in October 2006 after a storm destroyed most of the construction infrastructure and killed eleven workers, leaving the company bankrupted by sunk costs.<ref>Pun intended</ref> Salvage operations, for which ElectricSlide was was liable under the aforementioned development licence, were covered by the project's insurer, [[Berengar Marine]] of [[Cities of Kirav#Kérvoak|Kérvoak]], and carried out by a Burgundine contractor, [[Remarque & Emmenoit Marine Salvage Services]]. | The stormy circumpolar waters surrounding the Saxalins have been identified as a potentially lucrative source of renewable energy. The first attempt at harnassing the violent sea winds was made in 2004, when the [[Kiravian Maritime Executive|Contiguous Zone Authority]] issued a licence to [[Cities of Kiravia#Xéulev|Xéulev]]-based ElectricSlide [[Legal entity types in Kiravia#SAK|SAK]] to erect an {{wp|offshore wind farm}} on the semi-submerged Reseda Shoals. The project was abandoned in October 2006 after a storm destroyed most of the construction infrastructure and killed eleven workers, leaving the company bankrupted by sunk costs.<ref>Pun intended</ref> Salvage operations, for which ElectricSlide was was liable under the aforementioned development licence, were covered by the project's insurer, [[Berengar Marine]] of [[Cities of Kirav#Kérvoak|Kérvoak]], and carried out by a Burgundine contractor, [[Remarque & Emmenoit Marine Salvage Services]]. | ||