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Tag Archives: exploration

Geologists strike seabed ‘treasure’ in Indian waters

KOLKATA: Scientists from the Geological Survey of India (GSI) have discovered the presence of millions of tonnes of precious metals and minerals deep under the waters that surround peninsular India. The huge presence of marine resources was first identified off Mangaluru, Chennai, Mannar Basin, Andaman and Nicobar Islands and around Lakshadweep in early 2014. ... Read More »

Adani Enterprises defers final investment decision on Australian coal project: Report

Adani Enterprises has reportedly postponed a final investment decision on its long-delayed Australian Carmichael coal project, as the Queensland state government has yet to sign off on a royalty agreement for the mine. Adani is advised that the Queensland cabinet did not consider any submission or make a decision on ... Read More »

Oil India notifies 2 Hydrocarbon Discoveries in the Upper Assam Basin

Public sector undertaking Oil India has notified 2 Hydrocarbon Discoveries in the Upper Assam Basin. The discoveries were made during April in the wells Borbhuibil-1 and Lakwagaon-1. The discoveries have opened up avenue for exploration of already identified leads and prospects in the area. Oil India, a Navratna Company, is ... Read More »

Cairn India, partners set to invest Rs 3,240 crore in the Ravva fields

Cairn India, along with its partners is set to invest Rs 3,240 crore in the Ravva fields in the Krishna-Godavari Basin (KG- Basin), for drilling 20 developmental wells and for setting up related infrastructure, as the oil and gas production is dwindling from the existing wells. In this regard, the ... Read More »