Subjects: Engineering industry

MOL Group keep busy at WPC 2014

MOL Group keep busy at WPC 2014

This week, we will be keeping MOL Group’s board members busy at the 21st World Petroleum Congress in Moscow, one of this year’s key global events for the oil and gas industry.

MOL Extends its Upstream Portfolio in the Central North Sea

- MOL Group acquired offshore assets in 6 licenses from Premier Oil - MOL’s 2P reserves increased by 14.3 MMboe from three producing fields - MOL Group’s overall UK peak production is expected to reach 20-22 mboepd in 2018 - Purchase price USD 130 mn is subject to adjustments at closing

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