The Company has unparalleled expertise in the Baltic Sea operations. The Company’s first offshore field, the Kravtsovskoye field, was put on stream in the Baltic in 2004. New fields in the Baltic Sea were discovered as a result of active exploration activities in 2015, opening new prospects for the region’s development. Subsoil use licenses were obtained for the D41, D33, D29 and D6-South fields in 2016. In 2017, preparations for the design of the development design stage commenced for newly discovered fields, in line with the Company’s Exploration and Development Concept for the Baltic Sea.
LUKOIL commenced commercial operation of D41 field. We have also begun developing detailed design documentation for the D33 field.