The funding will be used to purchase new mobile drilling rigs with lifting capacities of 125 and 180 tons. This will significantly expand the company’s ability to perform complex workovers, particularly at greater depths.
Upgrading our fleet will enable us to operate on deeper and more technically challenging wells, while also making it possible to accelerate the restoration of production at existing sites, ensuring stable gas supply for Ukraine," Koretskyi commented. "We appreciate the EBRD’s continued trust and support, as well as the professionalism of our team in securing this agreement."
Most of Ukrgasvydobuvannya’s rigs are currently limited to an 80-ton lifting capacity, falling short of the requirements for many of the country’s mature and deeper wells. The new equipment will help close that gap and bolster Ukraine’s energy resilience.