Ukrnafta, the leading Ukrainian oil & gas company, invites international investment and production companies to participate in the joint development of 21 fields, being 10 deposits in western Ukraine and 11 in eastern Ukraine, representing proven and probable reserves of 12 million tonnes of oil and over 31 billion cubic metres of gas. This opens up a significant investment opportunity in the Ukrainian energy sector.
Ukrnafta has expressed a preference for the Production Sharing Agreement (PSA) model. Under this framework, Ukrnafta will provide its existing fields and the rights to utilise existing drilling infrastructure, and the partner(s) will be responsible for providing a comprehensive field development plan to intensify production and finance the related operations.
Potential partners must declare their interest by 10 January 2024. Ukrnafta will then share detailed information about the deposits with qualifying applicants and review their proposals.
Given the substantial reserves available for development, this initiative offers a promising avenue for businesses to expand their presence in the Ukrainian energy sector. Our team stands ready to provide guidance and support throughout this process. For more information about the application process and to discuss this opportunity, please contact Dmytro Fedoruk or Albert Sych.