Offshore Magazine

RIL, BP secure deepwater block offshore India

Social Tools

Share

Offshore staff

MUMBAI -- Reliance Industries and BP have won deepwater block KG-DWN-2005/2 offered under NELP VII. RIL has 70% participating interest and BP holds the remaining 30% and is the operator.

The block is 40 km (25 mi) off the east coast of India, spread over an area of 1,949 sq km (752 sq mi). During the first phase of exploration, the consortium will conduct 2D and 3D seismic surveys as well as reprocess existing seismic data. Based on an analysis of survey results, a further work program will be decided.

12/29/2008

Most Recent Content

Venari Resources receives $1-billion investment from private equity firms

Venari Resources LLC has announced that Warburg Pincus, Kelso & Co., Temasek, and The Jordan Co. have agreed to make an investment of up to $1.125 billion in the company.

Sterling prepares Romanian offshore drilling line-up

Sterling Resources expects to drill its first exploratory wells later this year in the Black Sea offshore Romania.

Partners agree timing for Norway well

Rocksource and the PL 506S, BS, and CS partnership in the Norwegian North Sea have committed to drill an exploration well during the first half of 2013.

Technical issues halt North Sea Timon drilling

Awilco Drilling has suspended drilling operations on the Timon exploration well in the UK northern North Sea.

Plant modifications slow progress on UK Breagh gas project

RWE Dea’s Breagh gas development in the UK southern North Sea will likely incur cost and schedule overruns, according to partner Sterling Resources.

Offshore Magazine