Lankapage Logo Recent Top Stories
CP 14 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* Sri Lanka to start second round of bidding for oil blocks
Mon, Feb 18, 2013, 02:19 pm SL Time, ColomboPage News Desk, Sri Lanka.

Feb 18, Colombo: Sri Lanka plans to launch the second round of bidding for the oil blocks in the Mannar Basin off Sri Lanka's northwest coast at a conference on energy in Houston, Texas.

The bids for the oil blocks will be announced at the IHS CERAWeek 2013 in Houston on March 07, and the announcement will be followed by a road show, Petroleum Resources Development Secretariat Chairman Saliya Wickramasuriya has said in an interview with Daily Mirror.

The Secretariat has informed around 25 oil companies of the launch last Wednesday (13) and many of the companies have shown interest.

The road show will be in London from March 11th to 15th and in Singapore from March 18 to 22.

According to Wickramasuriya, up to 10 offshore blocks would be awarded in the second bidding round.

Cairn Lanka, a subsidiary of Cairn India bought the only block awarded in the first round. Cairn had explored three oil wells in the block in phase one and found petroleum residues in two of them. Exploration on a fourth well is about to start this month after a third well found to be unproductive and plugged in December 2011.



ColomboPage - Recent 10 Stories
Sri Lanka Navy chief reviews Indian Naval Academy passing out parade
-- [2 hours ago]
Government allocates Rs. 150 million for immediate relief measures
-- [4 hours ago]
Update: Death toll from adverse weather in Sri Lanka rises to 113, over 493,000 displaced
-- [5 hours ago]
President discuses immediate steps for necessary relief measures to disaster-hit people
-- [5 hours ago]
US to send emergency assistance to Sri Lanka for flood relief
-- [6 hours ago]
Pakistan to send relief assistance for Sri Lanka
-- [7 hours ago]
Indian Naval Ship Kirch arrives in Sri Lanka with relief assistance for people displaced by floods
Death toll from floods and landslides in Sri Lanka rises to 100, another 99 missing
Sri Lanka Air Force Airman fell off from helicopter during flood rescue operations dies
Indian PM condoles the loss of lives and property in Sri Lanka due to flooding and landslides

Copyright © 2000, 2012 by LankaPage.com (LLC) :
The news and other contents on ColomboPage are copyrighted property of LankaPage.com, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from LankaPage.com, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.