Sri Lanka says six ultradeepwater blocks available

Six ultradeepwater blocks around Sri Lanka’s coastline are available, the Petroleum Resources Development Secretariat said on Aug. 27.

The blocks range from 18,000 to 26,000 sq km and will be awarded outside the current offshore bid round.

Awards will be based on “the experience and capability of the applicant” and the proposed work commitment.

The basic framework for the agreement is 2 years for data acquisition, processing, and interpretation, followed by 1 year for discussions with the PRD Committee on potential next steps.

A pre-bid clarification meeting will be held in Colombo on Aug. 29. Sri Lanka is taking bids until Nov. 29 on 13 offshore blocks in the Cauvery and Mannar basins (OGJ Online, July 8, 2013).

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...