Tuesday, June 18, 2013
Displaying 1 - 10 of 10 articles
Indian Oil Corporation (IOC) and Ceylon Petroleum Corporation (CPC) are set to form a joint venture (JV) for cooperation in the oil and gas sector. One of the initiatives of the JV could be of supply of LNG to Sri Lanka by Petronet LNG to feed power plants in that country, The Hindu newspaper reported.
Cairn India Limited said it is currently evaluating the options of converting gas into commercial use, one and a half years after identifying natural gas in the Sri Lanka’s Mannar Basin. “Two gas discoveries were made out of the four exploration wells drilled; options to monetize the discovered...
Petronas is planning to explore for oil and gas off the shores of Sri Lanka, near the Palk Straits and the Mannar Basin. Citing an industry source the Malaysian review has said Petronas was responding to the open invitation to survey and explore the Cauvery Basin, northern Sri Lanka and the Mannar Basin...
ONGC Videsh (OVL), overseas arm of ONGC, is keen to partner Cairn India in Sri Lanka and has held initial talks with the firm in this regard. Cairn India became the first company to discover oil and gas in Sri Lanka. "A final decision about how much OVL wants to invest or what kind of stake-holding...
Sri Lanka is looking to building a floating liquefied natural gas terminal to supply to power plants that are running on furnace oil. A local daily has said quoting country’s minister Champika Ranawaka that the plan may take shape in 2014. "We are now working to introduce LNG to the country,"...
Cairn India reported that Cairn Lanka has successfully completed the first phase of the exploration campaign in Sri Lanka. The company was involved in the acquisition, processing and interpretation of 1,753 sq km of 3D seismic data and drilled three wells, which culminated in two...
Cairn India said on Monday that it hopes to start the second phase of drilling oil and natural gas deposits off Sri Lanka. During the first phase that began in August, Cairn drilled three wells, but found no oil in the third well, the company said, adding that it will continue to study the other...
Sri Lankan government is still unaware of the extent and volume of the gas deposits in the Mannar basin, country’s minister of petroleum industries Susil Premajayantha said. Cairn India, a subsidiary of Cairn Energy, had announced last month that it discovered natural gas in Sri Lanka's offshore...
Cairn India Ltd. said its second exploratory well off Sri Lanka is an apparent gas discovery in three zones with some liquid hydrocarbon potential. Cairn Lanka (Pvt.) Ltd., a subsidiary of Cairn India Ltd., has notified appropriate government authorities in Sri Lanka of a gas discovery in the CLPL-Barracuda-1G/1...
Cairn India, a subsidiary of Cairn Energy, has announced that it has discovered natural gas in Sri Lanka's offshore Mannar Basin, confirming an earlier announcement by Sri Lankan President Mahinda Rajapaksa.Cairn Lanka, a fully owned unit of Cairn India, struck natural gas reserves in the very first...