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There is no benefit. Drilling for oil is practically impossible and would not be profitable, since it's too cold for this kind of enterprise.
In addition, this work is not allowed under the Antarctic Treaty.
Wiki User
∙ 10y ago
Wiki User
∙ 8y agoShell Oil has proved that drilling for oil in polar environments is not cost-effective. Shell spent about US$7,000,000,000,000 (billion) in the Arctic and abandoned its project.
There is no benefit for drilling for oil in polar regions.
Wiki User
∙ 8y agoThere is no benefit to drilling for oil in Antarctica. Polar exploration is not cost-effective, as proven by Shell Oil when they spent seven billion US dollars attempting to drill for oil in the Arctic.
Wiki User
∙ 11y agoOil companies are interested in Antarctica because, Antarctica has a lot of coal under it and most things in this world run on coal which is why oil companies are so desperate to get it.
Wiki User
∙ 10y agoThere is no mining or oil exploration in Antarctica: The Antarctic Treaty forbids any such work.
Anonymous
a cost is it could harm delicate ecosystems
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Why is it bad for oil companies to be in Antarctica?
No oil company work is allowed in Antarctica, based on The Antarctic Treaty.
What countries and companies want to exploit Antarctica's resources?
oil companys and gas comapnys
Are there companies that wish to exploit Antarctica?
Antarctica Do.
Who is interested in Antarctica?
Scientists and explorers.
What company name should you use of Antarctica?
There are no companies in Antarctica.
What companies specialize in offering a cruise to Antarctica?
There are various companies that specialize in offering cruises to Antarctica. Some of the companies that offer cruises to Antarctica include Ambercrombie & Kent and Polar Cruises.
What parties are for exploitation of Antarctica?
People and organizations interested in processing raw materials found in or on the earth, those motivated by money, may be interested in exploiting Antarctica.
How many oil tankers pass through Antarctica?
Oil tankers do not sail near Antarctica: it's not on the way to or from anywhere where oil is transported.
How did the Antarctica bases get their names?
Tell us which ones you are interested in
What has been the positive effects in mining and oil exploration in Antarctica?
There is no mining or oil exploration in Antarctica: it's too cold.
Is antarctica home to the biggest oil supply?
The answer to your question is unknown, since speculation for oil in Antarctica is prohibited by the Antarctic Treaty.
What is the current oil state in Antarctica?
There is no 'oil state' currently in Antarctica, nor will one be developed according to the Antarctic Treaty.
