Ukrainian Energy plans to acquire seismic at the Varvynske area by the end of 2021

The American Ukrainian Energy plans to acquire seismic at the Varvynske area by the end of 2021, although lawsuits with Ukrgasvydobuvannya appealing the victory of the American Company in the PSA competition are ongoing. This was stated by Alina Bodayeva, CEO of Ukrainian Energy, during a speech at the Ukrainian Energy Forum 2021.

Recall that back in July 2020, the Cabinet of Ministers published the order on determining the winners of the tenders for the conclusion of the hydrocarbon production sharing agreements for 9 areas, one of which was won by the American Ukrainian Energy LLC.

Additionally, according to the data of the EIA Register Ukrainian Energy plans to drill 3 exploration and appraisal wells up to 5,000 m deep based on the 3D seismic survey of at least 700 square kilometres.

15:45 / 15 July 2021

Upcoming events
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.
All events