Offshore staff

OMV signed an agreement with the Ukrainian oil and gas companies National Joint Stock Co. (NJSC) Naftogas of Ukraine and National Stock Co. (NSC) Chornomornaftogaz for joint activities in the Black Sea offshore Ukraine.

The area selected for future joint activities is the unexplored Skifska block, which lies between the Ukrainian/Romanian border and the Crimean peninsula in 100-2,000 m water depth. The consortium plans to bid for the block this year.

"E&P activities in the Ukrainian offshore area are the logical continuation of our efforts in offshore Romania and Bulgaria. We will build on our regional knowledge and technical expertise, and are delighted to partner with NJSC Naftogas and NSC Chornomornaftogaz, both of which have long term local experience," Helmut Langanger, OMV executive board member responsible for E&P, says.

Igor Franchuk, president of Chornomornaftogaz, says, "This bidding agreement is the result of long-term cooperation with OMV, started in 2002. Today, we can say that we start concrete work on the realization of joint projects within the Black Sea offshore."

07/13/05