DTEK Energy, a division of Ukraine's largest private power producer DTEK, plans to swap its $1.67 billion debt for new Eurobonds, the parent company's chief executive Maxim Timchenko said on Wednesday.
DTEK Oil&Gas increases gas production by 11% in 2020 2 min read
DTEK Oil and Gas, which is in charge of the oil and gas sector in the structure of DTEK Group, increased natural gas production by 10.8% (by 180 million cubic meters) in 2020, up to 1.84 billion cubic meters, the press service of the company said.
According to it, this figure became a new record for both the company and the entire private gas production sector in Ukraine, despite the difficulties in the form of low gas prices and the economic crisis caused by the coronavirus (COVID-19) pandemic.
The company said that the growth in production was due to the completion of drilling of four deep wells on Machukhske field, measures to stimulate wells of the existing stock and the introduction of innovative technologies along the entire production chain. In addition, DTEK Oil and Gas has completed a major infrastructure project and put into operation booster compressor stations, which will increase the efficiency o
The energy company DTEK is creating an investment hub in London for the new Ukrainian energy projects, and the commencement of the investment hub is scheduled for the end of the first half of 2021, the press service of DTEK said on Friday, January 8.
The energy company DTEK is creating an investment hub for the new Ukrainian energy sector in London, which is scheduled to start operating at the end of the first half of 2021, the press service of DTEK said on Friday, January 8.