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Since the company’s founding 20 years ago, DTEK has grown into a national energy leader. Today we are transforming into a pan-European clean energy business.
Our businesses generate electricity at wind, solar and thermal power plants, distribute and supply electricity to end consumers, extract natural gas and mine coal, trade energy resources on Ukrainian and foreign markets, and provide domestic and commercial energy services.
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DTEK Oil&Gas increased gas production for 7 months of 2021
20 August 2021, Ukraine
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The increase in production was made possible by a successful completion of the drilling program 2020, as well as completion of 2 wells in 2021. Moreover, in 2021, DTEK Oil&Gas successfully completed workovers, stimulation and technological operations at more than 20 wells of the production well stock. Some applied technologies were used by the company for the first time in Ukraine. DTEK oil and gas business remains a technology leader and a driver for the development of Ukrainian oil and gas industry.
By the end of the year, DTEK Oil&Gas plans to complete drilling of 2 more wells and commission of a modular refrigeration unit at Machukhske field. This will allow the company to reach a new record production rate in 2021 – 2 bcm of gas.
«Due to sustainable technological development and systemic investments, we ensure the growth of gas production from year to year. Strengthening the energy security and achieving energy independence is a common task of the business and the state. The use of fiscal stimulating instruments by the state, as well as a stable and transparent regulatory environment, are extremely important for the further effective development of the entire oil and gas industry in Ukraine», said Igor Shchurov, CEO of DTEK Oil&Gas.
DTEK Group is the largest private investor in Ukraine’s energy sector, with 55,000 employees and over €12 billion of capital invested since 2005.
Our businesses generate electricity at wind, solar and thermal power plants; distribute and supply power to end consumers; extract natural gas and coal; trade energy resources on Ukrainian and foreign markets; and provide domestic and commercial energy services.
Over the last 20 years, DTEK has grown into a national energy leader and is today transforming into a pan-European clean energy business.
Since the full-scale invasion of Ukraine in 2022, DTEK Group has restored power to millions of consumers across regions affected by hostilities.
DTEK Group is 100% owned by SCM Holdings. The ultimate beneficiary and sole shareholder is Rinat Akhmetov, a businessman and philanthropist.
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