Croatian oil company INA has confirmed new natural gas reserves in the Northern Adriatic development area, a discovery that could significantly strengthen Croatia’s domestic gas output. The find follows the drilling of the first of two planned development wells from the existing IKA-A production platform, using CROSCO’s Labin jack-up rig. Drilling of the IKA A-1 […]
Croatia: CROPEX and INA partner to launch auctions for solar guarantees of origin Read More »
The Croatian electricity exchange CROPEX has signed an agreement with oil company INA to organize auctions for the sale of guarantees of origin (GOs) owned by INA. Under the partnership, the GOs will be sold through auctions conducted by CROPEX using its dedicated IT trading platform. INA will initially offer guarantees of origin generated from
Croatia: INA and Energean to invest €71 million in Irena gas field development Read More »
Croatian oil company INA and Energean have agreed to invest in the development of the Irena gas field, located in the northern Adriatic within the Izabela exploration block. The total capital investment is set at €71 million, with Energean contributing €50 million and INA providing the remaining €21 million. Energean holds a 70% working interest
Croatian oil company INA has commenced production at its Jamarice-183 well, located in the Jamarice exploitation field around 100 kilometers southeast of Zagreb. Since mid-July, the well has been producing approximately 33,500 cubic meters of natural gas per day, representing a notable boost to INA’s upstream operations. Drilled in 2022 to a depth of 2,079
Croatian oil company INA presented its consolidated and unconsolidated financial reports for 2024 at this week’s General Assembly meeting, alongside the independent auditor’s report. In 2024, INA reported a net profit of just over 156 million euros. From this amount, about 7.8 million euros will be placed into statutory reserves. The company plans to distribute
Croatia: Ohmium to supply PEM electrolyzers for INA’s green hydrogen project Read More »
Ohmium International, a green hydrogen company that designs, manufactures and deploys advanced proton exchange membrane (PEM) electrolyzers, has been selected to equip what is said to be the first green hydrogen project in Croatia. Ohmium will serve as the PEM electrolyzer supplier for IVICOM, a Croatian engineering and construction company, on a project to build
