ERMA network consists of more than 200 partners from over 30 countries from and outside of Europe across the entire raw materials value chain, covering primary raw materials extraction and processing. ERMA contributes to ensure a reliable, secure and sustainable access to critical, strategic and advanced raw materials. In October, 2020 Ukrainian Geological Survey became … Read more
In 2020 Ukrainian Geological Survey kept following three key principls: ▫️ Restoring Trust and Confidence; ▫️ Improving Efficiency of Mineral Resources Use; ▫️ Attracting Investment to Explore Ukrainian Mineral Resources. In 2020 we managed to:▪️ Run One stop shop to provide consultations and set up one center for purchase of geodata and license cost calculation.▪️ … Read more
The total acreages of licences are over 9.500 km2, during first five years $390 millions have been invested, 38 new exploration wells have been drilled and almost 2800 3D seismic will be carried out. Great step forward to bring investment in the domestic oil and gas upstream industry!
Ukraine’s GeoSurvey meets current challenge, conducting auctions online. Today five leading domestic hydrocarbons producers auctioned for 170 sq km petroleum acreages in Poltava region. The E&P license for 20 year period was sold for 24 million. That is the largest bid for energy and minerals resources in Ukrainian history. Budytchano-Chutivska block was grabbed by private … Read more
Currently, our new team ensured:✅ Transparent dialog with investors;✅ Access to geological data room;✅ Feasibility study (CPR).
