Spent in Patos-Marinza Oilfield, in Albania.
Paid in Royalties for the Albanian State Budget.
530 direct employees/ 1470 indirect-subcontractors employees.
LATEST NEWS & EVENTS
Five years since the departure of the first train from the Bankers collection station to ‘Petroliofera.’
Transporting oil by rail has significantly reduced the environmental footprint ...
Read moreAlbania
Albania has a rich and unique history that has resulted in a country with a vast underdeveloped heavy-oil resource, an economy that encourages foreign investment, as allies of future development and growth.
Read MoreEnvironmental remediation
Cleaned more than 800 leases to date. Investment in lease clean-ups over $20 million.
Royalties & Taxes
Cumulative taxes paid to the Albanian 2018: around $700 million Royalty tax payments
Production & Growth
Production 2004: 600 bopd vs. 2018: 15,500 bopd. Reserves 2006: 101 million bbls vs. 2018:
Community Relations
Cumulative investment in community relations projects 2009-2018: over $8 million. Total
Rr. Rruga “Murialdo”, Sheq i Madh Fier, Albania
Office: +355 (0) 34 220845/46/47
Fax: +355 (0) 34 220850
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