"The current developments in the Barents Sea can be regarded as both a temporal and structural “window of opportunity” for the development of a privileged energy partnership between the EU and Norway, with obvious advantages for the EU."  

This interesting article on the Arctic Institute web site makes the case for increased cooperation between Norway and the EU concerning energy and resource policies for the Arctic.

Both the EU and Norway share similar visions, values and norms with regard to resource exploitation, energy efficiency and environmental protection: affordable – reliable – clean. It is in the strategic interest of the EU to strengthen the cooperation efforts and ensure that international/European environmental standards are implemented at all times. An energy partnership agreement could design specific policy approaches and instruments regarding the European Arctic, encapsulating energy needs and environmental concerns.”