UGV is changing the approach to hydrocarbon production to increase investment capital
Ukrgasvydobuvannya JSC is changing its approach to hydrocarbon production to increase investment capital. This was reported by the Finance Director of UGV Yevhen Palenka.
“Today, we take a closer look at the calculation of investment projects. First, these projects must be economically viable. Secondly, they must have a short payback period and, thirdly, there is an environmental component. Today, we pay a lot of attention to HSE (Health, safety and environment) issues”, said Yevhen Palenka, Director of Finance at Ukrgasvydobuvannya during a panel discussion “Obstacles for Ukraine's Gas Independence”.
Implementation of the projects that meet these criteria will allow the company accumulating funds to upgrade obsolete infrastructure, re-evaluate reserves and increase the efficiency of depleted fields.
16:16 / 27 November, 2019
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.