English

First oil well to be drilled in early Feb.

At the meeting held between the representatives of the Chamber of Commerce of Montenegro and the Chamber of Mechanical Engineers within the Engineers Chamber, Director of the Montenegrin Hydrocarbon Administration, Mr Vladan Dubljević, told oil & gas drilling on two locations in the Montenegrin submarine area, researched by the consortium Eni-Novatek and the company Energean Oil & Gas, would start in early February. The first [oil well] would be 6,500 meters deep and the second one [gas well] – 1,500 meters.

“We will know whether we have gas and oil by mid-next year. The Hydrocarbon Administration is expecting the results of research that would show where the oil & gas wells are, while the ship for seismic research will be coming next week,” Mr Dubljević added.

In addition, Vice-President of the Chamber of Commerce, Mr Danilo Gvozdenović, pointed out to a high-quality cooperation with the Engineers Chamber and announced even better partnership among the associations.

President of the Engineers Chamber of Montenegro, Mr Srđan Laković, assessed that the meeting among the professionals who reflected on the past and commented on the future steps, “would contribute to spotting necessary actions in this area”.

 

 

 

 

 

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