Share Tweet Pocket Add to Bookmarks
You're reading: Chornomornaftogaz decides against leasing right to drill outside Ukraine
Popular
on social media

Chornomornaftogaz said that recently works on oil and gas exploration in the Black Sea have been stirred up and demand on modern drilling rigs is growing.

“Recently we had to reject an application for the Petro Hodovanets self-elevating floating drilling rig to operate on the shelf in Romania. The rig has been booked-up for the next several years in the Ukrainian section [of the Black Sea] and we don’t have even holes of 30-40 days to provide drilling services for a well. This concerns the Nezalezhnist fifth generation rig, which will start operating at the end of this year,” Chornomornaftogaz Deputy Board Chairman Oleksandr Katsuba has said.

At present, only two companies in the region have drilling rigs – Romania’s Group Servicii Petroliere (GSP) and Ukraine’s Chornomornaftogaz. Only Chornomornaftogaz has two drilling rigs of last generation with a possibility to set it to the maximum depth for such rigs – 120 meters.

Exclusive article

Sign up or subscribe to view more articles.
Try Kyiv Post for just 99¢ for the first month!
See All Plans
$5.95
Monthly plan
Get unlimited article access, anytime, anywhere.

Subscribe
$60
Yearly plan
Access all the exclusive content on KyivPost.com and the complete online archive.
Subscribe
Advertisement

Add comment

Sorry, you must be logged in to post a comment.
More in this section
Attention

Add a picture
Choose file
Add a quote
Attention

Are you sure you want to delete your comment?

Attention

Are you sure you want to delete all user's comments?

Attention

Are you sure you want to unapprove user's comment?

Attention

Are you sure you want to move to spam user's comment?

Attention

Are you sure you want to move to trash user's comment?

Spelling error report

The following text will be sent to our editors: