Assessments

Deep-Sea Mining Remains Out of Reach, For Now

May 13, 2016 | 09:00 GMT
The sun rises over the Turkish coastline as Portuguese Frontex crew monitor the Aegean sea between Turkey and Greece for boats carrying refugees on March 30, 2016 near Mithymna, Greece.
The sun rises over the Turkish coastline as Portuguese Frontex crew monitor the Aegean sea between Turkey and Greece for boats carrying refugees on March 30, 2016 near Mithymna, Greece.
(Dan Kitwood/Getty Images)

Space may be the final frontier, but here on Earth the ocean depths are one of the few places still shrouded in mystery. Though offshore drilling for oil and natural gas has gradually crept farther and farther from the coastlines since its advent in the late 1800s, many of the resources found beneath the world's salty waters remain relatively untouched. And although several countries, including Saudi Arabia and Sudan, have recently shown renewed interest in tapping these resources, the costs of operating in the difficult environment deep waters pose will likely preserve subsea basins for a little while longer. ...

Seek Intelligence Over News - 2021 Annual Forecast is Available!

Subscribe Today for $149!

12-Month Introductory Offer for eligible new & returning subscribers.

  • High quality, unbiased analysis of global events
  • Quarterly, annual, and decade geopolitical forecasts
  • Customized notifications, newsletters, and much more

Preview Some FREE Worldview Articles Below:

Free Coronavirus Articles

Free Geopolitical Articles

Connected Content

Regions & Countries

Article Search

Copyright © Stratfor, an operating unit of RANE Network Inc.

Stratfor Worldview

OUR COMMITMENT

To empower members to confidently understand and navigate a continuously changing and complex global environment.