PGNiG, Naftogaz sign MoU for potential gas production in Ukraine

Polskie Górnictwo Naftowe i Gazownictwo SA (PGNiG) and the Naftogaz Group, Ukraine’s national oil and gas company, have signed a memorandum of understanding regarding cooperation in exploration of hydrocarbon resources and gas production in Ukraine.

PGNiG’s contribution to a potential cooperation will include, among other things, competences in the advanced gas exploration methods such as 3D seismic survey used in well design and gas reserve discovery in the Sub-Carpathian region in Poland.

PGNiG expects that the use of these technologies in Ukraine may bring similar results.

Source: Oil & Gas Journal