Central Europe Oil Company (CEOC)
Central Europe Oil Company - CEOC Ltd. is an independent company specialising in the re-development of existent mature hydrocarbon reservoirs. CEOC was established in 2009 with backing from Barclays Natural Resource Investments (BNRI), a natural resources focused global private equity business of Barclays Capital, the investment banking division of Barclays Bank PLC.
CEOC alongside BNRI aims to redevelop a number of mature and underdeveloped hydrocarbon reservoirs in central Europe. The company has signed cooperation agreements with the Hungarian oil company MOL and with the Croatian oil and gas company INA.