Seismic study for petroleum resources begins

The seismic vessel BGP Pioneer has arrived at the Colombo port to conduct a modern broadband 2D seismic survey for hydrocarbon exploration in selected offshore locations around the country. The study is carried out by Eastern Echo DMCC, a fully owned subsidiary of world’s largest oilfield player Schlumberger, at a cost of US$ 9 million. Picture shows Petroleum Resources Development Minister Arjuna Ranatunga, ministry officials and officials of Eastern Echo DMCC at the inauguration ceremony to commence the operations held yesterday