Stay Connected

Development plan for offshore India block NEC-25 goes to review

Offshore staff

CALGARY, Canada – Niko Resources Ltd. (TSX:NKO) has submitted to the government of India its field development plan for offshore block NEC-25.

While awaiting response, an independent reservoir engineering firm is doing a reserves and economic evaluation of the block.

The block covers almost 3.6 million acres (1.45 million sq km) including a deltaic channel complex in the Bengal basin.

Reliance Industries Ltd. (OTN:RLNIY) is operator with 90% working interest. Niko holds the remaining 10%.

4/02/13

Related Articles

Studies highlight jobs, revenue potential of opening new oil and gas leasing offshore US

Nov 20, 2014 Offshore oil and natural gas leasing in the eastern Gulf of Mexico and the US Atlantic and Pacific coasts could create nearly 840,000 American jobs and raise more than $200 billion in revenue for t...

Sonangol, Eni to review Lower Congo gas options

Nov 18, 2014

Sonangol Chairman Francisco de Lemos Maria and Eni CEO Claudio Descalzi have signed an agreement on future cooperation activities in Angola.

Eni eyes exploration offshore Turkmenistan

Nov 18, 2014

Eni and the Turkmen State Agency for Management and Use of Hydrocarbon Resources have signed an exploration memorandum.

Full tensor gravity system can add value to multi-client surveys

Nov 13, 2014 Seismic remains the principle tool in the exploration toolbox for most areas in the world. The establishment by seismic contractors of the multi-client business model has served to make offshore da...

ClassNK expands Veracruz office to increase offshore support

Nov 13, 2014

Classification society ClassNK has expanded its Veracruz office in Mexico to better support the growing offshore oil industry in the Gulf of Mexico.

 

Trending News

Iran sanctions new wave of platform construction

Nov 26, 2014

New development projects are under way on two offshore Iranian fields in the Persian Gulf, according to news service Shana.

Gas reserves increase at Aphrodite offshore Cyprus

Nov 26, 2014

Delek Drilling says a review has raised estimated natural gas and condensate resources in the deepwater Aphrodite reservoir offshore Cyprus.

UK operators skeptical on ‘regime change,’ survey finds

Nov 26, 2014

Companies operating in the UK North Sea need to adapt to make the most of the sector’s potential, according to a new report from Deloitte.

Iran re-examines potential of Sepand gas field

Nov 26, 2014

Exploratory drilling has started at the Sepand gas field, 250 km (155 mi) from Kish Island in the Persian Gulf.

Topaz support vessel demand steady in Caspian, Middle East

Nov 26, 2014

Topaz Energy and Marine has added four new DP-2 platform supply vessels (PSVs) to its fleet this year: Topaz Seema, Topaz Xara, Topaz Faye, and Caspian Voyager

  Offshore
Digital Magazine
Look Inside
Cover
Current Issue

Oil & Gas Jobs

Search More Job Listings >>