OIL India Ltd Begins 'Seismic' Exploration in Andaman Sea for Oil and Gas
4 years, 2 months ago

OIL India Ltd Begins 'Seismic' Exploration in Andaman Sea for Oil and Gas

News 18  

Oil India Ltd, the nation's second-biggest state-owned oil producer, on Thursday said it has started exploring for oil and gas in the Andaman sea. OIL said it has begun acquiring seismic data on the shallow water blocks AN-OSHP-2018/1 and AN-OSHP-2018/2, which the company had won in the third round of open acreage licensing policy. The firm has "deployment of a state-of-the-art multi-purpose seismic data acquisition vessel 'SW Vespucci' for the acquisition of 8,400 line-kilometre of 2D seismic data," OIL said in a statement. OIL was the first company to commence 2D and 3D seismic data acquisition in any onshore open acreage licensing policy block in the country.

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History of this topic

India offers 8 oil, gas blocks for bidding in latest round
3 years ago

India offers 8 oil, gas blocks for bidding in latest round

The Hindu  

India has offered 8 oil and gas blocks, mostly in Assam, for bidding in the latest bid round with a view to bringing more area under exploration, so as to increase domestic production and reduce imports. Eight blocks have been offered in the seventh bid round of Open Acreage Licensing Policy, with bids due on February 15, the Directorate General …

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