PGNiG.

PGNiG Upstream Norway and its licence partners successfully completed a wildcat exploration well on the Egyptian Vulture prospect in the Norwegian Sea. The discovered reservoir may contain as much as 63 million barrels of crude oil.

PGNiG Supply & Trading in cooperation with the American-Ukrainian ERU Group won a tender for natural gas supplies to Republic of Moldova. This will be the first ever gas supply to that country from a non-Russian source.

Polish Oil & Gas Company has completed the construction of Cluster B at the Kosakowo Cavern Underground Gas Storage Facility (UGSF), a project of strategic importance for Poland’s energy security.

A new solution to transferring exploration and production licenses from PGNiG to Orlen in the event of a merger has been proposed. A fresh subsidiary of PGNiG is to be sold to PKN Orlen to remove the need for a general succession, or buyout of individual shares, which would take additional time. Meanwhile, dark clouds […]

What goes on in Poland on the 11th of October.

What goes on in Poland on the 1st of October.

What goes on in Poland on the 27th of September.

What goes on in Poland on the 23rd of September.

„One gigawatt generated from offshore wind in the Baltic will cost PLN 10 billion. We believe that one, strong entity will be able to achieve economies of scale. At this point we only have one license, but we will apply for more,” said Daniel Obajtek, the CEO of PKN Orlen. „SMR is not a technology […]

What goes on in Poland on the 3rd of September.