The Cabinet of Ministers approved amendments to the PSA for the Varvynska area made with Ukrainian Energy
The Cabinet of Ministers of Ukraine has approved amendments to the production sharing agreement (PSA) for the Varvynska hydrocarbon area concluded with Ukrainian Energy LLC (acting on behalf of the American Aspect Energy and SigmaBleyzer).
According to Order No. 757-R dated July 12, 2021 published on the government portal, the First Deputy Energy Minister Yuriy Vlasenko is authorised to sign the agreement.
Alina Bodayeva, executive CEO of Ukrainian Energy, announced the plans to acquire 3D seismic at the Varvynska area by the end of 2021 during the 12th Adam Smith Energy Conference held in Kyiv in mid-July.
09:00 / 23 September, 2021
09:00 / 20 May, 2021
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.