DTEK and Baker Hughes to develop Ukraine’s gas production and strengthen energy security

10 Apr DTEK and Baker Hughes to develop Ukraine’s gas production and strengthen energy security

(Oilandgaspress) – DTEK Oil&Gas, the largest private gas production company in Ukraine, part of DTEK Group, has signed a Memorandum of Understanding (MOU) with Baker Hughes, an energy technology company. The memorandum outlines cooperation aimed at increasing gas production in Ukraine and strengthening the country’s energy security.

Ukraine holds approximately 1.1 trillion cubic meters of proven natural gas reserves, making it the second-largest reserve holder in Europe. A new collaboration between Baker Hughes and DTEK aims to accelerate the development of these resources by combining advanced energy technologies with deep local operational expertise.

Through this collaboration, Baker Hughes brings cutting-edge solutions and global experience, while DTEK contributes its established presence and capabilities in Ukraine’s oil and gas sector. This cooperation will help increase domestic gas production, strengthen energy resilience, and unlock the full value of Ukraine’s substantial natural resource base.

The MOU was signed during the annual CERAWeek event in Houston.

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