Canadian Drilling Firm Denies Moving Unpermitted Rig to Greenland Amid US Oil Company Dispute

A Canadian drilling firm has denied moving an unpermitted rig to Greenland, following a dispute between a U.S. oil company and the government of the self-governing Danish territory.

The U.S.-based oil company, Greenland Energy, had signed an agreement with Alberta's Stampede Drilling to provide a high-performance drilling rig for its operations in Greenland's Jameson Land Basin.

However, Stampede Drilling said it has not arrived in Greenland and will only land the rig if Greenland Energy receives all required regulatory consents and approvals from the Greenlandic authorities.