Eastern Echo starts petroleum surveys

2 September 2018 12:56 pm - 12 - {{hitsCtrl.values.hits}}

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The Eastern Echo DMCC, subsidiary of a major oilfield services company in Schlumberger, today commenced collecting petroleum data on multi-client basis, to exploit indigenous fuel resources in selected offshore areas of the island.

Earlier, the Petroleum Resources Development (PRDS) Minister Arjuna Ranatunga signed an agreement-with Eastern Echo DMCC in this regard.

The Ministry said the Eastern Echo DMCC would launch a project for data acquisition, including 2D and 3D seismic, in selected offshore areas around Sri Lanka, at no cost to the Government.

The Minister said collecting data would be the initial work and within eight weeks Eastern Echo expected to the get the data.

“From there we will take the next step. We were very concerned and interested in getting the exploration started. We will know for sure that we would have gas and oil. We are on a positive track and we can’t give a date or what will happen in the future but to do exploration we need to have the data first,” he said.

The survey vessel called at the Colombo Port on Saturday and the operations commenced ceremonially this morning with the participation of Minister Arjuna Ranatunga.(Indika Sri Aravinda)

Pics by: Nimalsiri Edirisinghe

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Comments - 12

Unchikun Sunday, 02 September 2018 01:21 PM

This talk is going on from the 60s when Sirimavo was the Prime Minister and I was in primary school. Now Sirimavo is no more and I am retired. The story still continues. Elections are in the horizon?

Apeksa Sunday, 02 September 2018 02:01 PM

Well done . Start at an astrologically auspicious time.

ravin Sunday, 02 September 2018 02:50 PM

There is nothing free in this world. There should be some catch somewhere. Please disclose full details of this project with commissions and omissions.

Martin Milton Sunday, 02 September 2018 04:26 PM

Which country is this 'Schlumberger' in? MM

Arnold Sunday, 02 September 2018 06:18 PM

American.

BE FAIR Sunday, 02 September 2018 06:56 PM

'Schlumberger' is a US Oil exploration and services company. They will rip us apart. Commissions will come in to play now big time

sss Monday, 03 September 2018 07:19 AM

BeFair, so where are our professionals from our 80 year old higher education system?

Ananthan Sunday, 02 September 2018 05:10 PM

Weda beari Tarzan!

Krishnan Sunday, 02 September 2018 05:40 PM

Long before the LTTE when Jaffna was probably the most cultured,peaceful and the safest place to live in the whole of South Asia,the Russians arrived there with their families and camped out in the costal areas,and worked for months exploring for oil in the region.I think it was India that put pressure on the Sri Lankan government and got the Russians out of Jaffna before the explorations could be completed.

Ravi Sunday, 02 September 2018 09:21 PM

I remember the golden age of Jaffna before the arrival of the LTTE menace. Dirty Indians have done lot of damage to Jaffna.

Ramesh Monday, 03 September 2018 08:35 AM

Mr. Ravi, do you know where India stands in the world economy. Before you insult others or other country think about you where u stand. I dont think you are an educated citizen.

venom Monday, 03 September 2018 04:41 PM

What a joke.I hope oil is never found anywhere in SL. Countries with will never be left alone at this day and age.

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Eastern Echo starts petroleum surveys

Comments - 12

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