Expert Petroleum will start operations on October 1
The international Company Expert Petroleum will start working on production enhancement at 13 depleted gas fields in the Lviv region on October 1. These fields were transferred for the temporary management by Naftogaz Group under the condition of at least UAH 1 billion investment and production enhancement by 300 million cubic meters over 5 years.
Ukrgasvydobuvannya, a member of the Naftogaz Group, on September 11, 2020 signed the final package of documents with Expert Petroleum on cooperation on the terms of product enhancement contract - PEC. This allows an international company starting operating in the fields of Naftogaz as early as October 1, 2020.
«According to the terms of the PEC, all gas produced remains on the balance sheet of Naftogaz, and the company’s assets are transferred to the partner exclusively for temporary management for the duration of the contract. Production plans for the transferred fields are approved by the Steering Committee, which is 100%, composed of Naftogaz representatives. Thus, the interests of our company are protected as much as possible. They were given an absolute priority,» Oleksandr Romanyuk, Director of the Naftogaz’s Exploration and Production Division said.
12:09 / 14 September, 2020
08:00 / 26 September, 2019
ODESA OFFSHORE CONFERENCE-2019
Ukraine has every chance to resume the work of the most promising oil and gas region, the Southern oil&gas fields. The untapped deposits of oil and gas are located both onshore and subsea. Four companies have already poised to conclude Production Sharing Agreements with Ukraine, whilst bidding for the Dolphin oil&gas fields on Black Sea shelf. The Odesa Offshore Conference (OOC2019) will serve as a venue for Ukrainian and international bidders to meet with local and international drilling, oilfield service and equipment manufacturers to kick-off emerging subsea and onshore projects in Ukraine.
12:00 / 13 June, 2019
08:00 / 23 May, 2019
Carpathian Oil&Gas Conference-2019
The development of oil&gas industry, introduction and implementation of new E&P technologies, stimulation, workovers &recovery of oil&gas wells will be among upstream focal points of the FIRST DAY of COGC2019 - 23 May. The SECOND DAY of Conference will be devoted to midstream, downstream, and trade in hydrocarbons, to spotlight the nowadays dynamics and robust changes in the Ukrainian oil&gas market. The Ukrainian Gas Market day of 24 May 2019 will become a marketplace venue for natural gas traders and natural gas transmission & distribution companies to meet and discuss prospective deals in the UAH 200 billion natural gas market of Ukraine.