Project Management Institute

Underwater Ambition

Russia Is Building A Nuclear Submarine To Help Tap Fuel Deposits In The Arctic

Who says water and oil don't mix? Billions of barrels of oil and trillions of cubic feet of natural gas sit untapped beneath the Arctic's frozen surface. The Russian government wants to kick its extraction activities into high gear, so it's sponsoring Project Iceberg to build a submarine that would be the world's first underwater nuclear power source. Also designed to search for oil and gas in the Arctic, the submarine completed its predesign phase last year.
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