MOL partners with Austrian peer for exploration, production in SW Hungary

Automotive

Hungarian oil and gas company MOL on Monday said it signed an agreement with Austria's Rohol-Aufsuchungs (RAG) on joint exploration of and production in the Inke concession in southwest Hungary.

The concession is owned by MOL-RAG West, a joint venture owned in equal part by MOL and RAG.

MOL and RAG are looking for further chances to cooperate in similar ways, MOL said.

RAG is involved in exploration and production activities in Austria, Germany, Hungary and Poland.

Ministry Dismisses Suggestion That Hungary is 'Poorest' EU S... Figures

Ministry Dismisses Suggestion That Hungary is 'Poorest' EU S...

Economic Cooperation 'Firm Foundation' for German-Hungarian ... Int’l Relations

Economic Cooperation 'Firm Foundation' for German-Hungarian ...

Foreigners Employed in Hungary, Hungarians Working Abroad Ri... HR

Foreigners Employed in Hungary, Hungarians Working Abroad Ri...

Sziget Tops Slingo Music Festival Ranking In Budapest

Sziget Tops Slingo Music Festival Ranking

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.