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Address: LOTOS Exploration & Production Norge AS, Jåttåvågveien 7, Blokk C, P.O.Box 132, N-4065 Stavanger, Norway

Tel: +47 94 14 89 00

Web: http://www.lotos.pl/en/korporacyjny/grupa_kapitalowa/lotos_exploration__production_norge

Company description

LOTOS Exploration and Production Norge AS (LOTOS E&P Norge) is a company in the LOTOS Group, with headquarter in Gdansk, Republic of Poland. The LOTOS Group is 53,19% owned by the Polish state and the remaining 46,81% is listed on the Warsaw stock exchange.The ambition of the LOTOS Group is to develop a strong upstream segment supplementing the strong Refining and Marketing position the Group is holding in Poland. Establishing of LOTOS E&P Norge in 2007 is a core element of the LOTOS Group upstream strategy and to diversify oil supply to the refinery operations. The Gdansk refinery is currently being upgraded to 10.5 mill ton a year of production capacity.

Products and services

LOTOS E&P Norge is holding 10 exploration and production licenses with 3 operator ships and is drilling its first operated exploration well in November 2012. It holds a 20% interest in the Yme development and will expand its activities on the Norwegian Continental Shelf, both through licensing and acquisitions.

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