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It had been investigating the area between Svalbard and Greenland, known as the Fram Strait, named after Nansen's ship.
BBC: The 'big melt' at the roof of the world
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In his later career as a diplomat for newly independent Norway and for the League of Nations, Nansen employed the infamous Vidkun Quisling.
FORBES: The Top Of The World
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As Nansen Saleri, the CEO of Quantum Reserve Impact in Houston and former head of reservoir management for Saudi Aramco, reported in his article in The Wall Street Journal, existing oil capacity exceeds current demand by between 3 million and 5 million barrels of oil a day.
FORBES: Angry Over Oil Price? Demand A Change In Fed Policy