Page 13 - EurOil Week 23 2022

EurOil INVESTMENT EurOil

PGNiG unveils upstream

investment plan

POLAND POLAND’S national gas supplier PGNiG will options and choose the one that in the long
invest some PLN700mn ($163mn) at two of the term ensures the highest efficiency of incurred
PGNiG is extending country’s largest oil and gas field clusters over the expenses. By using solutions based on artifi-
the fields’ lifetime for next four years, the company said on June 3. cial intelligence and machine learning, we can
another 15-20 years. The extensive investment programme, automate analytical work and at the same time
backed by digital technologies, is aimed at shorten their time and improve the accuracy of
boosting the Debno and Lubiatow fields’ pro- results.”
duction and extending their operational life by At Lubiatow, PGNiG will connect new pro-
a further 15-20 years, PGNiG said. Investments duction wells and install new compressors for
at Debno will include facility modernisation gas injection, in order to boost oil recovery. Gas
and the construction of an electricity genera- production will rise by 100 mcm per year at the
tor. These improvements will make it possible field, it said, doubling current supply.
to connect up three gas wells at the Rozansko Remaining reserves at Debno are estimated at
field, set to yield 80mn cubic metres of supply 4.95mn tonnes of crude and 1 bcm of gas, while
daily. remaining resources at Lubiatow are assessed
PGNiG will also drill five more production at 4.94mn tonnes of crude and 4.96 bcm of gas,
wells at the Barnowko-Mostno-Buszewo field at according to PGNiG.
Debno, boosting oil extraction of 440,00 tonnes The company unveils its investment plan at
over the cluster’s production life, or 10% more a time when Poland is scrambling for extra gas
than was previously expected. supply after Russia cut off deliveries a month ago
“Poland is not a country rich in oil and gas, so after Warsaw refused to pay its bills in rubles.
we want to make the best use of what we have,” Poland is well-positioned, though, with its gas
PGNiG’s vice president for operations, Robert storage facilities currently 95.6% full and access
Perkowski, said in a statement. “Advanced digi- to LNG and, later this year, Norwegian gas via the
tal tools allow you to simulate various investment 10 bcm per year Baltic Pipe. ™

POLICY

Norwegian oil workers threaten

strike action over wage dispute

NORWAY NORWEGIAN oil production could be at risk Lederne is negotiating on behalf of around
this month, as at least 647 workers plan to strike 1,300 union members.
The strike could start on from June 12 if state-brokered wage mediation The Gudrun field alone produced 47,500
June 12. fails, labour unions said on June 3. barrels of oil equivalent per day last year, while
The workers are seeking above-inflation Oseberg East yielded 5,600 boepd and Oseberg
increases in their pay and other changes to con- South 32,000 boepd.
tracts, but have not disclosed details of their Meanwhile, Industri Energi has said it will
demands. The strike by members of the Industri initially avoid any disruption to production,
Energi and Lederne unions would take place at even as 573 of its members down tools.
10 offshore installations, including Njord A, Val- “The first instance of a potential strike would
hall, Gudrun, Oseberg South and Oseberg East. only involve a limited number of members, but
But gas production is not expected to be affected. we can escalate if necessary,” the union’s chief
“We will try to avoid affecting gas production negotiator Lill-Heidi Bakkerud said.
as we are mindful about the situation with gas Industri Energi is Norway’s largest oil and gas
supplies in Europe,” Lederne head Audun Ing- union, and is negotiating on behalf of around
vartsen told Reuters. “I hope we can find the best 4,300 members.
solution both for Norway and the oil companies, A third union Safe is also taking part in the
and at the same time give something back to the June 10-11 mediation, but has yet to outline its
workers. I hope we can avoid a strike.” response if its demands are not met. ™

Week 23 10•June•2022 www. NEWSBASE .com P13