economy
NIS Invested 4.9 Billion Dinars in Oil and Gas Exploration
NIS continued significant investments in oil and gas exploration and production, investing 4.9 billion dinars in this business segment in the first quarter of 2026, representing 78 percent of NIS's total investments in the specified period. Main investments were realized in drilling development wells, geological-technical activities, infrastructure projects, and equipment procurement and investment maintenance.
TL;DR
- NIS invested 4.9 billion dinars in oil and gas exploration and production in Q1 2026.
- Investments focused on drilling, geological activities, infrastructure, and equipment.
- New wells and geological-technical activities resulted in an additional 13.5 thousand tons of oil production.
- NIS is the only company in Serbia engaged in oil and gas exploration and production.
- The company also has operations in Romania, Bosnia and Herzegovina, and Angola.
- Environmental protection is a priority for NIS.