Grupa Lotos and PGNiG to cooperate in Norway
The Norwegian upstream unit of oil company Grupa Lotos, Lotos Norge, has signed a letter of intent with PGNiG Upstream International on cooperation in work on the Norwegian Continental Shelf, the companies said on Monday.
The companies will cooperate in preparing and carrying out new acquisitions, the statements said. They will also take part in license tenders together.
In 2013 Lotos Norge bought 14 exploration licenses on the Norwegian Continental Shelf and plans further purchases. PGNiG Upstream International now has 14 such licenses.
