Croatia Approves Tender for Oil and Gas Exploration

Wednesday, January 30, 2019

Croatia on Wednesday approved a tender for oil and gas exploration in mountainous areas of the country's central and southern regions.

The details of the tender will be released by the state-run Hydrocarbon Agency, which is in charge of running the process, at a later date.

"There will be four exploration blocks in the overall area of 12,134 square km. The exploration works will last five years," Energy and Environment Minister Tomislav Coric told a cabinet session.

So far Croatia has granted concessions for exploration and exploitation of oil and gas in northern, largely flat, areas of the country.

There is currently an open tender for concessions for exploration and exploitation of oil and gas in the northern Panonian region in seven blocks in an area of 14,272 square km.

The tender was opened last November and closes on June 28.

Croatia imports some 80 percent of its oil needs and around 60 percent of its gas consumption.


(Reporting by Igor Ilic; editing by David Evans)

Categories: Europe Exploration

Related Stories

TMC Books Compressors Orders for FPSO and LNG Vessels

Sunda Energy Starts Environmental Consultation for Chuditch-2 Well Drilling Plans

CNOOC Makes Major Oil and Gas Discovery in South China Sea

Op-Ed: Kazakhstan’s National O&G Firm Positioning Itself as Global Energy Player

Woodside to Shed Some Trinidad and Tobago Assets for $206M

Shell Predicts 60% Rise in LNG Demand by 2040 with Asia Leading the Way

SLB Names Raman CSO, CMO

Six New Gas Wells in Line for BP’s Shah Deniz Field in Caspian Sea

Initial Drilling Results Raise Questions on South Korea’s Offshore Gas Viability

Europe's Gas Uncertainty Help Drive Asian LNG Spot Prices Higher

Current News

Indonesia Grants Approval to Kuwaiti Firm for Anambas Block in Natuna Sea

ADNOC’s XRG Partners Up with Petronas for Offshore Gas Block in Caspian Sea

Valeura Energy Greenlights Wassana Oil Field Redevelopment off Thailand

Scarborough FPU's Topsides and Hull Come Together in Major Engineering Feat (Video)

Shell-Reliance-ONGC JV Complete India’s First Offshore Decom Project

The Future of Long-Idle Drillships: Cold-Stacked or Dead-Stacked?

TMC Books Compressors Orders for FPSO and LNG Vessels

MODEC, Sumitomo Partner Up for Delivery of Gato do Mato FPSO

Chuditch Gas Field Up for Summer Drilling Ops as Sunda Reshapes Ownership Structure

EnQuest Bags Two Production Sharing Contracts off Indonesia

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com