Annual Black Sea Oil&Gas conference, which is traditional gas industry business-forum is planned to be held on 23-24^th of October in Bucharest (Romania)

Results of nine PSA tenders were approved during the government meeting
on July 5^th

The Government has up to 2 months to approve the results, then the winners will have one year to draft and sign the final deals

The parcels are located in Lviv and Zaporizhzhia regions with the total area over 416 sq. km

Seven blocks in three regions, with a total area of more than 1 260 sq. km were traded at the electronic auctions

The minimum work program requirements include $ 55,5 million of investment, and drilling of at least 5 exploration wells

Ukraine was for the first time included in the world-renowned index Baker Hughes GE Rig Count