By: Prasanna C. Rodrigo
Sri Lanka is planning to hold an Exploration and Petroleum Symposium in the Island nation during mid this year.
“We will move ahead with planning and organizing an invitation-only E&P Symposium here in Sri Lanka close to mid-year”, the Head of the Petroleum Resources Development Secretariat of the country, Saliya Wickramasuriya told News360.lk
He said, such an symposium will help create links to more Sri Lankan companies and institutions as well as showcase the commercial, cultural and social benefits of working in Sri Lanka.
The latest move comes, following Sri Lanka’s successful road shows which was held during March, in places such as Houston, London and Singapore to promote the Island’s second petroleum exploration licensing round.
According to the PRDS, Sri Lanka is planning to offer more than a dozen of potential oil blocks to successful bidders, through the ongoing licensing round.
Over 200 attendees have taken part in the road shows, with some companies sending representatives to all the three road shows.
BP, Bright Oil, Chevron, Conoco-Phillips, ENI, Exxon Mobil, Kogas, Kris Energy, Lukoil, Marathon, Monarch, Mubadala Petroleum, Neon, Newfield, Noble Energy, Octant, ONGC, Origin, Premier, Repsol, Rex Petroleum, Santos, Shell, Total, Tullow, Trajan and Woodside are some of the oil explorers, who have taken part in the ‘Road Shows’.
Apart from explorers, service providers such as Schlumberger, Halliburton, Aker Solutions, CGG, Arkex, Foster Wheeler, Cameron, Transocean, Ion Geophysical, Hunting, Sapurakencana and several others too have attended the ‘Road Shows’.
“Many companies have already downloaded bid documents, and inquiries regarding visits to the Sri Lanka data room are now coming in. Total and Exxon Mobil have already bought the full data package, and we expect more companies to join this trend in the coming weeks”, added Wickramasuriya.
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