LUKOIL International Upstream West Inc.
LUKOIL International Upstream West Inc.

Romania

In 2012, LUKOIL began exploration in two offshore blocks in Romania's Black Sea-Est Rapsodia and Trident. For the first time in its corporate history, LUKOIL initiated upstream activities in the territory of a Member State of the European Union.

 

Blocks Est Rapsodia (EX-29) and Trident (EX-30) are located in the Romanian sector of the Black Sea at depths of 90 to 1200 m distance to the coast-from 60 to 120 km.  The closest major port is Constanta.  The total area of license areas is approximately 2 thousand m2 .

In February 2011, a consortium with the participation of PJSC LUKOIL executed concession agreements with the National Agency for mineral resources for exploration and development data blocks.

 

Seismic operations condcuted by geophysical services provider CGG Veritas in 2012. The name of the marine vessel was the CGG Symphony.