The Black Sea shelf licenses will be granted to Naftogaz without a competition
Minister of Environmental Protection and Natural Resources Roman Abramovsky said that shortly a decision will be made to transfer the Black Sea shelf licenses to the state-owned company Naftogaz of Ukraine NJSC without a competition. He said this in an interview with Focus.
"We are discussing transferring the Black Sea shelf and deep-water licenses to Naftogaz for 30 years for exploration and development. I think there will be a decision on this shortly. We understand that there are political and economic risks associated with the operations in the Black Sea. Also, the price of gas is growing, but it has not yet become attractive for investment to develop fields at a considerable depth. Naftogaz will conduct a 3D seismic survey, after which it will attract investors. There are similar discussions regarding other oil and gas fields, they need to be evaluated and, possibly, commissioned into production," Abramovsky said.
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.