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

Oil Prices Ease as US Holds Off Renewed Strikes Against Iran

Dolphin Drilling Boosts Backlog with Harbour Energy Deal, Oil India Extension

IEA: Middle East Conflict Reshaping Medium-Term Gas Outlook

Oil Flows to Lag Even if Hormuz Strait Reopens

IEA Cuts Oil Demand, Supply Outlook Amid Iran War

Russia’s Yamal LNG Resumes Shipments to China After Months-Long Gap

Oil Holds Steady as Supply Risks from War Persist

Oil Rises as Widening Conflict Endangers Red Sea, Hormuz Flows

Eni Exits Consortium for Oil and Gas Exploration Offshore Israel

Big Oil to Reap Billions from Energy Price Surge

Current News

Wison Starts Topsides Fabrication for Türkiye’s Sakarya Deepwater FPU

Oil Prices Ease as US Holds Off Renewed Strikes Against Iran

Velesto Secures Malaysia Drilling Deal with Hibiscus

Yinson Production, PTSC Raise Over $130M for Vietnam’s Block B FSO

Oil Climbs Above $110 After Gulf Drone Attacks Raise Supply Fears

Global Businesses Face Mounting $25 Billion Fallout From Iran War

ScioSense Launches UFC23 Ultrasonic Flow Converter for High-Precision, Ultra-Low-Power Smart Metering

Inpex Expands Australia Gas Portfolio with Browse Minority Stake Deal

UAE Speeds Up Pipeline Project to Help Bypass Hormuz

PV Drilling Secures Jack-Up Rig Deal from Zarubezhneft off Vietnam

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