National Joint Stock Company Naftogaz of Ukraine has said it will announce open bidding to procure services for drilling three wells for the exploration and extraction of oil and gas at a field in Poltava region, named after academician Shpak, the company`s press service reported.
”Naftogaz of Ukraine invites companies to participate in the open tender for the procurement of services to drill wells No. 120, 111, and 116 at a field in Budyschansko-Chutovsky area, Poltava region, named after academician Shpak,” a statement said.
According to the press service, the estimated cost of the work is UAH 215 million and the project is scheduled to be completed by the end of 2017.
”Bidders must meet the eligibility requirements, in particular, the availability of equipment, material and technical base, and workers with appropriate qualifications and documented proof of experience in implementing similar contracts on directional drilling for oil and gas at a depth of at least 3,000 meters,” the press service reported.
The deadline for submitting all the documents is 5pm on October 3, 2016.
The applicant company will be tasked with allocating land for the construction of wells, mounting the platform for a drilling rig, carrying out operational and geophysical surveys, and cementing and drilling exploratory wells.
As UNIAN reported earlier, in 2015, Naftogaz posted a loss of UAH 25 billion, compared with a net profit of UAH 20 billion in the first half of 2016. In November 2015, Naftogaz CEO Andriy Kobolev said Ukraine had sufficient capacity to become self-sufficient in gas imports over the next five years.
UNIAN memo. Naftogaz of Ukraine, a national holding company, and its subsidiaries control the domestic natural gas and crude oil production industry in the country. Ukrtransgaz and Ukrtransnafta, state subordinate companies of Naftogaz, own oil and gas transportation and distribution systems and most of the oil and gas storage facilities in Ukraine.