The Petrobaltic platform, converted in Remontowa Shiprepair Yard SA on behalf of LOTOS Petrobaltic, left the shipyard on September 20th 2019. After several days at anchor and 30 hours of towing, Petrobaltic was placed in the Baltic B8 deposit. Towing the platform out of the yard was a complicated operation […]
The works on the development plan of maritime areas, which will indicate the locations for wind farms in the Baltic Sea, are being completed. Initial assumptions indicate three regions and an area of over 2,000 km². The potential of the Polish maritime areas is enormous. If the volume of 10 […]
PGNiG Supply & Trading (PST), a company of the Polish Oil and Gas Industry Group (PGNiG), becomes the sole customer for natural gas produced in Norway by Lotos Exploration & Production Norge (Lotos Norge), a company of the Lotos Group, which conducts exploration and production activities on the Norwegian Continental […]
The newly purchased platform of LOTOS Petrobaltic Giant has already travelled over a third of the way to Gdańsk, where it is scheduled to arrive this weekend. There, it will be prepared to go out to sea for drilling in the Baltic B3 deposit. The unit set out from the […]
For two days (30.09-1.10), during the Offshore Conference 2019 organized by the Polish Wind Energy Association, Warsaw will become the centre of discussion on the role of offshore wind energy in the transformation of our economy. – It can already be said that the more than 10 GW of wind […]
Production of the Utgard field in Norway commenced on 16 September 2019. The project was completed approximately three months earlier than planned and achieved 25% savings in relation to the assumed budget. The shareholder of the concession is Lotos Exploration & Production Norge (Lotos Norge) and the operator is Equinor. […]
As announced on August 16, 2019, the Norwegian Petroleum Directorate has granted PGNiG Upstream Norway AS a drilling permit for well 6507/5-9 S in production licence 838.
PGNiG forecasts that gas production will grow from 4.6bn cubic metres per year in 2019 to 5.2bn cubic metres in 2021. In its forecast published on Wednesday, the company also expects a decrease in oil production from Polish fields and an increase in production from Norwegian fields. The forecast concerns […]
One of the largest investments in the history of the Polish energy industry are the planned offshore wind farms (OWF) in the Southern Baltic. The Port of Gdynia, the Kosakowo commune, the city of Rumia and the city of Gdynia signed a letter of intent regarding the construction of offshore […]
“The Polish energy sector wants to invest in wind farms in the Baltic Sea and other renewable sources to increase their share in the energy mix to 27% by 2030. “- Henryk Baranowski, President of the Polish Electricity Committee, said. This assurance was given on Wednesday in Brussels during the […]
We hope that the first electricity from PGE’s offshore wind farms in the Baltic Sea will flow to Polish homes in the years 2025-2026 – said Monika Morawiecka from PGE Baltica to the Polish Press Agency in Brussels. Morawiecka took part in a conference on the energy transformation of the […]
On Monday, June 17, the Norwegian Petroleum Directorate issued a permit to Aker BP ASA, the operator, to drill an exploration well 25/2-20 under license 442 in the Norwegian North Sea sector. The 25/2-20 well will be drilled by the Deepsea Stavanger semi-submersible platform at position: 59°52’27.05″ N and 02°27’29.23″ […]
PGNiG Upstream Norway and its partners decided to move to Select Phase of the project during which key technical decisions regarding the field development will be made. This will lead to a final selection of the development concept scheduled for Q3 2020.
PGNiG Upstream Norway will acquire 22.2 percent of shares in King Lear field – PL146 and PL333 licenses – from Total E&P Norge. The volume of production in the part attributable to PGNiG may reach 0.25 bcm of natural gas annually. The production start is planned for 2025.
Cyprus Energy Minister Jeorjos Lakkotrypis said on Wednesday that the Mediterranean island could earn more than 9 billion dollars over 18 years from the export of gas extracted from the submarine field of Aphrodite, AP said. He stressed that the renegotiated contract with a consortium including Shell, Noble Energy from […]
The first well is expected to start production in June 2020. By the end of the year the next three wells will commence production. The Ærfugl project will be developed using innovative technical solutions.