Grupa Lotos to take over full production B8 oil field in Q3 2019

Grupa Lotos is to take over the output of the B8 oil production center on the Baltic Sea in the first quarter of 2019, and full production in the third quarter of 2019, the company said.

The B8 deposit is one of the largest exploited oil deposits in the Baltic Sea. Its production potential is about 3.5 million metric tonnes of crude oil. The B8 deposit is located about 63 km north of the Rozewie Cape, in the exclusive economic zone of the Republic of Poland.

Grupa Lotos is a vertically integrated oil company that deals in the exploration and extraction of crude oil, its processing and wholesale and retail sale of high-quality petroleum products.

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