Sri Lanka says six ultradeepwater blocks available

Aug. 28, 2013
Six ultradeepwater blocks around Sri Lanka’s coastline are available, the Petroleum Resources Development Secretariat said on Aug. 27.

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).