Tag: Adriatic Sea

Oil exploration activities to start in 2018 – Montenegro, 4 January 2017

Companies Eni and Novatek, which were awarded concessions for exploration and exploitation of oil and gas in Montenegrin part of the Adriatic Sea, have paid 109,000 euros to the state […]

Concession agreement for hydrocarbons exploitation signed – Montenegro, 14 September 2016

Montenegrin Minister of Economy Vladimir Kavaric and the representatives of the Italian-Russian consortium Eni-Novatek have signed a concession agreement for offshore exploitation of hydrocarbons in the Adriatic Sea, which marks […]