economy
Significant Investments in the First Quarter of 2026
NIS Company continued with significant investments in the field of oil and gas exploration and production, with 4.9 billion dinars invested in this business segment in the first quarter of 2026, representing 78 percent of NIS's total investments in the specified period. Major investments were realized in the drilling of development wells, geological-technical activities, infrastructure projects, and the procurement of equipment and investment maintenance.
TL;DR
- NIS invested 4.9 billion dinars (78% of total) in oil and gas exploration and production in Q1 2026.
- Investments focused on drilling, geological-technical activities, infrastructure, and equipment.
- The goal is to maintain production levels on mature fields and increase output.
- An additional 13.5 thousand tons of oil were produced due to these activities.
- New horizontal drilling on the Velebit field contributed significantly to increased production.
- Total production across NIS assets was 280,000 conditional tons of oil and gas in Q1 2026.
- NIS is the only oil and gas exploration and production company in Serbia, with operations in Romania, Bosnia and Herzegovina, and Angola.
- Environmental protection is a priority for NIS.