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PETROLEUM I

Sector: Oil and Gas • Location: Hungary

Source: World Bank Group

Project
Closed

The main objective of the project is to support the Government's strategy for the development of the petroleum sector. This strategy is aimed at arresting the decline in domestic oil and gas production through a series of priority investments in exploration, field development and rehabilitation and enhanced oil recovery. The project also plans to assist in strengthening OKGT's capabilities in th

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The project “PETROLEUM I” is an infrastructure initiative in the Oil and Gas sector, located in Hungary. Taiyo aggregates data on it from World Bank Group.

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Participants

Sponsoring Agency

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Company

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Status

Original status

closed

Taiyo status

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Taiyo last update

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Available timestamps

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Contact

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Phone

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Email

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Address

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Description

Description

The main objective of the project is to support the Government's strategy for the development of the petroleum sector. This strategy is aimed at arresting the decline in domestic oil and gas production through a series of priority investments in exploration, field development and rehabilitation and enhanced oil recovery. The project also plans to assist in strengthening OKGT's capabilities in the overall management of the petroleum sector. The project consists of: (a) an exploration component including exploratory deep well drilling; (b) an enhanced oil recovery component including four pilot tests and a semi-commercial field demonstration; (c) rehabilitation of one, and development of two gas fields; and (d) technical assistance and training.

Original sub-sector

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Original Currency

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Original budget

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Procurement method

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Budget

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Location

Region

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Country

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State

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Location

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

Project Type

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Article Published Date

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