economy
NIS Invested 4.9 Billion Dinars in Oil and Gas Exploration
NIS continued with significant investments in the field of oil and gas exploration and production, investing 4.9 billion dinars in this business segment in the first quarter of 2026, or 78 percent of NIS's total investments in the specified period. The main investments were realized in drilling development wells, geological and technical activities, infrastructure projects, and equipment procurement 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 activities, infrastructure, and equipment to maintain production.
- Additional oil production of 13.5 thousand tons was achieved through new wells.
- Horizontal drilling on the Velebit oil field was successful, with plans for expansion.
- NIS is the only oil and gas exploration and production company in Serbia, operating also in Romania, Bosnia and Herzegovina, and Angola.
- Environmental protection is a priority for NIS.