PGNiG Upstream Norway and Lotos Norge, two Polish companies recently taken over by Poland's leading oil and gas company PKN Orlen, have been granted stakes in four new exploration and extraction concessions on the Norwegian Shelf.
PGNiG Upstream Norway, a subsidiary of state-owned Polish Oil and Gas Company (PGNiG), has purchased a 40 percent stake in the Oern gas deposit in the Norwegian Sea from Wellesley Petroleum, PGNiG said in a statement on Friday.
PGNiG Upstream Norway, a subsidiary of Polish Oil and Gas Company (PGNiG), has discovered a 19-63-million-barrel crude oil deposit at the Egyptian Vulture exploration well in the Norwegian Sea, the company said in a Tuesday press release.
Poland's oil and gas giant PGNiG obtained four production licences on the Norwegian continental shelf, while Poland's second biggest fuel company Lotos gained three during the annual licensing round held by the Norwegian Ministry of Petroleum and Energy.
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