In 2018 Ukraine plans to auction 15 gas fields on the Black Sea Shelf for €50 mil

According to Derzhgeonadra's (State Service of Geology and Mineral Resources of Ukraine) Head Oleg Kyrylyuk, «the starting price of all lots for gas fields on the Black Sea Shelf is set at UAH 1.5 bil. The geological survey of every single field is paid separately, and the cost of all geological surveys of the Black Sea Shelf is priced at UAH 9 mil».

The projected volume of the Black Sea Shelf’s 9675.17 sq km fields of natural gas is estimated at 18 283.89 mil cbm.

18:00 / 18 July 2018

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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.
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