Ukrnafta is seeking an international operator as joint venture (JV) partner for upcoming Ukraine bid block offers. Geonadr has indicated that up to 44 blocks will be auctioned during H2 2018, including 14 in the Black Sea. Ukrnafta operates 82 hydrocarbon production permits in Ukraine. It is owned by the state oil company Naftogaz (50% + 1 share), Littop Enterprises Ltd (13.6%), Bridgemont Ventures Ltd (13.6%), Bordo Management Ltd (12.9%), and other shareholders (9.9%). 
Ukrnafta is seeking an international operator as joint venture (JV) partner for upcoming Ukraine bid block offers. Geonadr has indicated that up to 44 blocks will be auctioned during H2 2018, including 14 in the Black Sea. Ukrnafta operates 82 hydrocarbon production permits in Ukraine. It is owned by the state oil company Naftogaz (50% + 1 share), Littop Enterprises Ltd (13.6%), Bridgemont Ventures Ltd (13.6%), Bordo Management Ltd (12.9%), and other shareholders (9.9%). 