Naftogaz has found a second partner to develop the offshore shelf

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Naftogaz has found a second partner to develop the offshore shelf

17.03.2021 News

Naftogaz has signed a memorandum with the Israeli company Naphtha Petroleum on possible geological exploration of hydrocarbons on the Black Sea shelf. This was reported by the press service of Ukrgazvydobuvannya.

It is noted that Naphtha Petroleum has proven experience with the necessary deepwater technologies and business relationships with leading operators in the development of the offshore.

According to the agreement, in addition to the Black Sea, they will explore opportunities for cooperation in other oil and gas exploration and production projects in Ukraine.

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