Whilst it's obviously true that Norway is able to afford such actions off the back of hydrocarbon extraction, even the article you linked implies it's not even

Whilst it's obviously true that Norway is able to afford such actions off the back of hydrocarbon extraction, even the article you linked implies it's not even begun happening in the Arctic yet. Deadline for concession application was a couple of months back (March) - I doubt there're any rigs in Svalbard yet. - ed: clarified a detail