Business news from Ukraine

Business news from Ukraine

BELORUSNEFT AND ROMANIA’S TACROM WIN UKRGAZVYDOBUVANNIA TENDER FOR 40 FRACKING OPERATIONS

27 July , 2017  

KYIV. July 27 (Interfax-Ukraine) – Belorusneft and Romania’s Tacrom have won a tender announced by PJSC Ukrgazvydobuvannia for implementation of 40 fracking operations on wells.
According to the results of the auctions posted in the ProZorro system, Tacrom won the first lot for 20 operations with an offer of UAH 95.75 million, Belorusneft won the second lot with an offer of UAH 95.664 million with the initially expected price being UAH 97.5 million (including VAT) for each of the lots.
As reported, hydraulic fracking operations should be carried out during one year on gas and gas condensate wells of Shebelynka and Poltava gas field managements mainly at a depth of 2,800-5,000 meters, but up to four operations for each lot are planned in wells with condensed reservoirs at depths up to 5,700 meters.