PGNiG and ERU to invest in natural gas production in Biblivska area
Polskie Górnictwo Naftowe i Gazownictwo (PGNiG) has signed an investment agreement with Energy Resources of Ukraine (ERU) on a joint exploration and production project in Ukraine.
The agreement sets a general framework for cooperation and provides a schedule of further work on a project located near the Polish border in Ukraine. The strong production potential of the licence is supported by the findings of geological surveys conducted by PGNiG, which show a correlation of its geological structures with Przemy l, Poland’s largest natural gas field.
The agreement is an important step towards the launch of joint operations in the area. An important element of any investment project undertaken in Ukraine is insurance against political risks. In order to provide financial protection for the joint project of PGNiG and ERU, talks have been initiated with the US International Development Finance Corporation and Poland’s Export Credit Insurance Corporation (KUKE).
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.