Lukoil, ExxonMobil 'bid on Ukraine blocks'

Flagging their interest: Lukoil to battle for Ukraine block with ExxonMobil-led quartet

Lukoil and an ExxonMobil-led group including Shell, Petrom and Nadra Ukrainy have reportedly bid for offshore acreage in Ukraine’s Skifska field in the Black Sea.

Ecology and Natural Resources Minister Eduard Stavitsky told journalists in Kiev of the bids, according to Reuters.

No bids were received for a second field at Foroska, which has now been pulled, Ukrainian officials said.

Ukraine, which wants to increase its energy independence from Russia, invited bids last June for potential partners for the two fields.

The Skifska field purportedly has a potential yield of 3 billion to 4 billion cubic metres.

As part of its energy strategy, in May Ukraine picked Shell and Chevron as partners in projects to explore and develop two potentially large…

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