Polish Oilfirm Goes Arctic
By Aiswarya Lakshmi
Tuesday, June 23, 2015
Polish energy company Polskie Gornictwo Naftowe i Gazownictwo (PGNiG) will compete with Russian companies Rosneft and Lukoil, as well as a number of other companies, for Norwegian Arctic licenses.
If successful, PGNiG could potentially get license stakes in projects located directly along the maritime border to Russia.
PGNiG opened an office in northern Norway and buys license shares in Norwegian Arctic projects.
The company has now taken over Danish company Dong’s offices in the northern Norwegian town of Tromsø and prepares for exploration in Arctic waters.
“We are in the North Sea and the Norwegian Sea, and now we are looking towards the Barents Sea”, company representative Slawomir Hinc said.
The Polish company is part of the Statoil-led consortium which has completed comprehensive collection of seismic data in the easternmost waters of the Norwegian shelf.