24 January 2011

Sri Lanka Oil Exploration in Mannar Basin on Schedule. Tenders for more Blocks by End January

24th January 2011, www.dailynews.lk, By Sanjeevi Jayasuriya

Oil exploration in the Mannar basin continues as per the work schedule. The tenders for more blocks in the Mannar basin will be finalized by January end.

“We are heading for the drilling process. The work will commence on July 1 after the completion of the ground work. We are in the process of carrying out the necessary studies,” Petroleum Resources Development Secretariat Director-General Dr Neil de Silva told Daily News Business.

The selection of a marketing consultant will be done once the bidding process is finalized where the marketing of more exploration blocks at the Mannar basin will be carried out.

“We are in search of a suitable candidate and the bids will be evaluated after the deadline which is also in end of January,” he said.

Cairns Lanka is securing necessary goods and services for drilling purposes. The work is progressing well.

The company which undertook drilling of three wells in the Mannar basin is finalizing the contracts for supply services to commence drilling.

Cairns Lanka called for sub contractors for services such as off-shore supply vessels, services related to drilling tools, well testing services, weather forecasting services, supply of fuel and water and ambulance service. There are 37 items listed for service contacts.

Related Info :
Sri Lanka's Mannar Basin Oil Drilling to Continue as Planned by Cairn

Cairn to Drill Sri Lanka's 1st Oil Wells in Mannar Basin in January. International Oil Exploration Tenders to be Called on more Blocks

Petroleum Resources Development Secretariat (PRDS) - Sri Lanka

5 comments:

  1. China may come in a big way for Sri Lankan oil exploration. Their entry was expected much before as the press article below says, but they may consider now.

    CHINA'S OIL QUEST ACROSS INDIA'S CAUVERY BASIN:
    http://www.southasiaanalysis.org/%5Cpapers22%5Cpaper2181.html

    ReplyDelete
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  3. If other don't show up, what harm getting Chinese? "It does not matter if the cat is black or white so long as it catches mice", that's what old Deng Xiaoping said.

    ReplyDelete
  4. Int Companies will come when we hit first oil well. Let's wait and see.

    ReplyDelete
  5. The ongoing and future plans for drilling together with the oil/gas development in Sri Lanka, has created an ideal opportunity for the existing Sri Lanka commercial community to become involved in the services side of the development.

    From the onset of the drilling program services such as but not limited to Marine and Diving support services plus ROV capability will be in great demand.

    ReplyDelete

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