Showing posts with label Petroleum Resources Development Secretariat. Show all posts
Showing posts with label Petroleum Resources Development Secretariat. Show all posts

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

15 November 2010

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

15th November 2010, www.dailynews.lk, By Sanjeevi Jayasuriya

The work related to oil exploration in the Mannar basin is progressing as per the terms of the agreement entered between Cairns Lanka Limited and the Government, Petroleum Resources Development Secretariat Director General Dr Neil de Silva told Daily News Business.

Cairns Lanka Limited is in the process of finding sub contractors to continue the necessary drillings. The Government called for tenders to offer more blocks and is in the process of searching for a consultant to market these exploration blocks with the Petroleum Resources Development Secretariat, he said.

Cairns Lanka undertook to drill three wells. The drilling process is scheduled to be completed before October 15, 2011. The company is at present looking for contractors to supply goods and services for drilling purposes.

The drilling process to explore oil in the Mannar basin commenced after the detailed study conducted by Cairns. The oil exploration is based on past studies and also fresh studies conducted by Cairns.

Cairns Lanka (Pvt) Limited entered into an agreement in September 2008 committing an initial investment of more than US $ 110 million towards the exploration of hydrocarbons.

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

Cairn India Drills 3 Oil Wells in Mannar Basin, Sri Lanka