UK oil and gas exploration company Adriatic Oil has submitted to the ministry of economy an application for an exploration licence on the Adriatiku-4 Block offshore field, the company said in a statement. The company plans to apply for two more exploration licences soon. Adriatic Oil has also entered into a collaboration agreement with another UK company, Pelagian Oil, for the exploration of the Adriatic offshore gas field of North Rodoni, Durres. |
Albania has called a tender to select a company to supervise the construction and supplies for a sewerage system and waste water treatment plant in Velipoja area, the European Commission informed ... more
The Albanian government has approved changes in the concessionary agreement for the Devoll Hydropower cascade, which formally enables Austrian EVN to exit from the project, the cabinets press ... more
The economy and finance committee of Albanias Parliament has approved a EUR 12.7mn loan from the European Bank for Reconstruction and Development (EBRD) to be used to fund a project for upgrading ... more