Abstract:
As Arctic environmental conditions fluctuate, ongoing economic-related agreements established for the Barents Region continue to support and attract Norwegian and Russian oil-producing expeditions within the shared maritime zone. Increased industrial activity throughout the Circumpolar North heightens the need to understand the factors that influence policies responsible for protecting the environment – in particular, preventive measures. Agency theory provides the framework for an analysis of various dynamics that influence the Norwegian and Russian governments (principals) as they develop and enforce rules that regulate petroleum industries (agents). The research question asks about differences between the prevention policies of the two nations even though both acknowledge a very similar need to protect the Barents. Since the regulatory and governance structures cannot fully explain the differences between the two countries’ prevention policies, the hypothesis presents an argument that the strategic goals of Norway and Russia in the global political economy provide sufficient conditions for policy divergence. This research presents case studies of economic and environmental factors that influence how Russia and Norway develop energy-related prevention policies in the Barents Sea. The findings suggest that differing strategic goals between the two countries influence their oil spill prevention policies. Russia’s oil spill prevention policy enables it to maintain high production levels that it can leverage to further its geopolitical aims. Norway’s more cautious prevention policies promote domestic economic stability. In a progressively interdependent world, this study contributes insight into contemporary international relations regarding aspects of partnerships, energy economics, and geostrategic policy.
