PGNiG: activity in Iran ended in October 2018
In connection with media speculation, PGNiG informs that it ceased its activities in the Soumar field in the Islamic Republic of Iran at the end of October 2018, due to the risks arising from reintroducing by the USA sanctions for activity in the Iranian energy sector which took place on November 4, 2018.
Three new licenses in Norway
PGNiG Upstream Norway, a Norwegian subsidiary of the PGNiG Group, obtained three new licenses from the Ministry of Petroleum and Energy as part of the annual APA 2018 (Awards in Predefined Areas) licensing round. On two of them the company will act as the operator.
Agreement for oil and gas exploration in UAE
Representatives of PGNiG SA, the Ras Al Khaimah Petroleum Authority and RAK GAS LLC have signed an agreement whereby the Polish company is permitted to explore for and produce hydrocarbons in the emirate of Ras al Khaimah.