Locked content PGNiG to increase oil production in Norway

One of Poland’s largest natural gas and crude oil producers, the Polish Oil and Gas Company (PGNiG) wants to extract upwards of 3 billion cubic meters of gas per year from deposits in Norway, said the company’s Vice President, Janusz Kowalski, said over the weekend. “Today, we extract 0.5 billion cu...

Locked content PGNiG to buy gas deposits from Norway

Polish state-controlled natural oil and gas company PGNiG plans to buy gas deposits in Norway, the CEO Piotr Woźniak informed. “We are working intensively to buy deposits in Norway,” the official confirmed during a press conference on September 8. Additionally, PGNiG wants to increase it...

Locked content President Andrzej Duda meets Norway’s King Harald

On May 21, Polish President Andrzej Duda and First Lady Agata Kornhauser-Duda started a four-day trip to Oslo, Norway. The presidential couple received an official reception at the Palace Square, after that King Harald invited them to a gala dinner at the Royal Palace. King Harald and President Duda...

Locked content PGNiG begins talks over gas corridor with Norway

PGNiG has begun discussions about creating a gas corridor between Norway and Poland, company Vice-President Maciej Woźniak announced on Wednesday. During a seating of the Sejm’s commission on Energy and State Treasury, Woźniak said that bringing in Norwegian gas to Poland would strengthen the ...

Locked content Norco to build furniture factory in Ciechanów

The Norwegian furniture producing company Norco invested over PLN 20 million in Ciechanów (Mazowieckie voivodship) at the end of August by building a factory along with an administrative department. The spokesperson of the Ciechanów City Hall informed that the Norwegian investor will construct a fac...

Locked content PGNiG with another license in Norway

PGNiG Upstream International (PGNiG UI) became the operator of PL 799 license in the Norwegian Sea. The Norwegian government granted the Polish company with 40 percent of the stakes. The partners of PGNiG UI are the following firms: Statoil Petroleum AS (Norway’s biggest oil and gas company), ...

Locked content PGNiG to buy 4 Norwegian oil fields

Polish state-controlled gas and oil giant PGNiG will buy four oil assets on the Norwegian Sea shelf from Total E&P Norge AS (Upstream International AS) for roughly PLN 400 million. The ultimate cash payment accounts for 43 percent of the purchase price (PLN 980 million). “A significant por...

Locked content PM visits Norway

Prime Minister Ewa Kopacz visited Norway on Monday, where she met her counterpart Erna Solberg. They discussed the Ukraine crisis, as well as economic cooperation and issues related to the Norwegian Funds. Referring to the talks on Ukraine, the Polish PM said that they focused on possible support. “...

PGNiG buys Norwegian licenses for almost PLN 1 bln

PGNiG Upstream International, a subsidiary of Poland’s natural gas giant PGNiG, has acquired stakes in four oil and gas licenses on the Norwegian Continental Shelf for NOK 1.95 billion (PLN 996 million), the company said in a statement on Monday.