Supporting educational institutions is one of the priorities of GEO ALLIANCE Group’s participation in social development of those communities where our companies run their activities because young generation should grow up in a good environment to succeed and make their contribution to the country’s future.  

Geo Alliance Group Limited held by trusts whose beneficiary is Victor Pinchuk, has acquired 50% of shares of Geo-Alliance Oil-Gas Public Limited from Arawak Energy Ukraine B.V., a wholly owned subsidiary of Vitol.

On 23-24 November, SPE Eastern Europe Subsurface Conference – the largest in Eastern Europe oil and gas technical conference – will be held in Kyiv. It is a unique event where world class specialists from different disciplines will share experience and discuss new concepts and implementation of innovations in the industry.

In L. Kuchmenko’s opinion, the state should provide investors with a stable legal environment to work in (for at least 10 years) and not allow even a hint of expropriation and possibility of using non-market-based instruments to regulate the industry.

Last Friday, PrJSC NATURAL RESOURCES held an annual special facility-level drill on civil protection of personnel and formation of a facility civil protection unit – volunteer firefighting brigade at the Gas Processing Plant of the Lutsenkivske gas condensate field. During the drill a potential emergency was simulated involving violation of process regime on two tanks and rendering the first premedical aid to a person injured during the emergency, with practicing of preventive actions.

PrJSC NATURAL RESOURCES provided Yakhnyky general education school (levels І-ІІІ) with a double oven for the canteen. Now children will feast on not only tasty but also healthy meals cooked following Yevhen Klopotenko’s recipes.

Thus, a traditional bountiful Saviour festival was conducted in Zelenyi Kut in Velyki Sorochyntsi community with support from LLC EASTERN GEOLOGICAL UNION. As in the previous years, the event was attended not only by residents of Zelenyi Kut but also of the nearby villages – Velyki Sorochyntsi, Savyntsi, Olefirivka, Semerenky and Velykyi Bayrak. There were even guests from Poltava! Adults were entertained by performers from Poltava Regional Philharmonia.  While parents were enjoying the concert, children were having fun with entertainers.  All guests were treated to traditional meals – varenyky (pierogy), poppy seed pies and uzvar (smoked fruit compote).

GEO ALLIANCE companies always maintain warm, good-neighbourly relations with local communities and take active part in the community upgrading and infrastructure development.