Ukraine and Bangladesh Expand Cooperation in Hydrocarbon Exploration

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Launching a new partnership and enabling Ukrainian companies to enter new international markets were the key topics of the international working meeting between the management «NJSC «Nadra Ukrainy» and foreign partners.
The Chairman of the Board of PrJSC «NJSC «Nadra Ukrainy» Mr. Viktor Novikov held an online working meeting with foreign partners to discuss prospects for cooperation in hydrocarbon exploration and technical collaboration in the oil and gas sector.

The meeting was attended by Mr. Valerii Hrebeniuk, Diplomatic Advisor to PrJSC «NJSC «Nadra Ukrainy», Mr. Oleh Nychaiuk, Director of «Nadra Oleska» LLC, and representatives of LLC «Zakhidhazinvest».

“International partnership opens up new opportunities for the development of Ukraine’s geological sector. We possess extensive practical experience in hydrocarbon exploration and are ready to offer our partners professional expertise and modern technological solutions. I am confident that the outcomes of this meeting will provide a solid foundation for mutually beneficial projects and contribute to strengthening economic cooperation between Ukraine and Bangladesh,” said Mr. Viktor Novikov.

The discussions focused on the exploration of prospective onshore blocks, opportunities for involving Ukrainian companies in geological exploration activities, and the exchange of expertise and technological solutions in hydrocarbon prospecting and exploration. Following the meeting, the parties confirmed their mutual interest in developing cooperation and highlighted the significant potential for leveraging Ukrainian expertise to oil and gas projects in the People’s Republic of Bangladesh.

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For NJSC «Nadra Ukrainy», the development of international projects is an important component of its growth strategy. Performing projects in foreign markets will create new opportunities for Ukrainian professionals, increase the Company’s revenues, and contribute to higher tax revenues for the state budget.
The Company continues to strengthen its international cooperation by promoting Ukrainian expertise in geology and subsurface exploration. Expanding partnerships helps attract investment and reinforces Ukraine’s position in the global oil and gas services market.
Earlier, a meeting of leaders of Ukraine’s oil and gas industry was held in Lviv.