At the end of 2019, we signed a Production Sharing Contract to explore, with a 100% stake, the onshore block known as Dumre, located approximately 40 km south of the capital Tirana. The contract was awarded following an international tender launched in September 2019 by the Albanian National Agency for Natural Resources (AKBN). Our return to Albania after 20 years has strengthened our commercial relationship with the country, which is considered an important hub for the energy sector in Europe and the Balkans. In 2021, were conducted two "Human Rights Impact Assessments" (HRIAs) in Albania. In 2022 we plan to obtain the geophysical data needed to assess the block's mining potential.
Our work in Albania
We have been operating in the country since 2020. Our work in the country relates to oil exploration and production.
Exploration & Production
Total net area