25 companies were interested in the proposal of PJSC Ukrnafta for joint development of fields; the search for partners has been extended until March 1, 2024.
As Ukrinform reports, Ukrnafta reports this.
“As of the end of December 2023, 25 companies were already interested in cooperation, including both Ukrainian companies and companies from 7 countries in Europe and North America. These are specialized investors, service, investment (in particular, several international consortiums) and consulting companies” , – the message says.
At the same time, Ukrnafta noted that not all potential partners had time to familiarize themselves in detail with the capabilities of 21 fields (10 fields are located in the west and 11 in the east of Ukraine). Therefore, the company’s management decided to extend the deadline for searching for partners for joint development of oil and gas fields until March 1, 2024.
It is noted that the proven and possible reserves of the fields, to which Ukrnafta offers potential partners access, amount to more than 12 million tons of oil and more than 31 billion cubic meters of gas. The company offers a deposit and the right to use the existing mining infrastructure, and the partner must develop a development plan to intensify production, provide financing and technology.
When selecting, Ukrnafta prefers Product Sharing Agreements, which will allow the full potential of fields with sufficient reserves but low production rates to be revealed.
As reported, in October Ukrnafta announced the search for partners to develop 21 oil and gas fields.