Business news from Ukraine

Business news from Ukraine

“Ukrnafta” is studying Norwegian clean tech solutions and plans to apply them in Ukraine

27 June , 2025  

“Ukrnafta is studying the world’s best high-tech clean tech solutions to apply them in Ukraine: a team of specialists has familiarized themselves with the practical application of new equipment at a Norwegian state-owned oil producer.

The company is currently working on the reconstruction of the oil and produced water treatment system at one of its regional business units.

As part of this project, Ukrnafta is cooperating, in particular, with Ennox Technology & Partners, a Norwegian leader in clean technology that develops revolutionary treatment plants.

This equipment works more efficiently than market analogues, minimizes environmental impact and improves the quality of produced water treatment to maintain reservoir pressure.

A group of Ukrnafta’s upstream specialists visited the Norwegian state-owned company’s production facilities to test the latest Ennox Technology & Partners systems to see firsthand the high quality of modern clean tech solutions in the industry.

Engineers and test lab teams of Norwegian companies demonstrated sustainable solutions that will help build sustainable and efficient systems for Ukrainian production.

“Ukrnafta is Ukraine’s largest oil producer and operator of a national network of filling stations. In March 2024, the company took over the management of Glusco’s assets and operates a total of 545 filling stations – 461 owned and 84 managed.

The company is implementing a comprehensive program to restore operations and update the format of its filling stations. Since February 2023, the company has been issuing its own fuel coupons and NAFTAKarta cards, which are sold to legal entities and individuals through Ukrnafta-Postach LLC.

Ukrnafta’s largest shareholder is Naftogaz of Ukraine with a 50%+1 share.

In November 2022, the Supreme Commander-in-Chief of the Armed Forces of Ukraine decided to transfer to the state a share of corporate rights of the company owned by private owners, which is currently managed by the Ministry of Defense.