Ukraine’s largest oil and gas producer Ukrnafta is looking for partners for five investment projects, the press service of the company reported on Tuesday.
The first three projects envisage boosting oil and gas production at Boryslavske, Bytkiv-Babchynkse, and Rudovsko-Chervonozavodske fields including new vertical and side-track drilling, fracking and stimulation, as well as infrastructure upgrade.
The other two projects seek investment in drilling and oil field services to benefit from activity expansion by Ukrnafta, state-controlled Ukrgazvydobuvannia and private companies, as well as investment in modernization of one of Ukrnafta’s gas plants to improve LPG yield and reduce losses of gas which can then be sold at market prices.
The deadline for potential partners to express their interest is Sept.30.
