today approved the splitting of the Production Sharing Contract (PSC) for Block AA-ON/7 in two parts, to consider separate exploration period of Nagaland part of the Block.Briefing newspersons here on the outcome of the CCEA decisions, Home Minister P Chidambaram said the main objective of the approval is to enable carrying out an Additional Exploration Work Programme in Nagaland portion of the Block...
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today approved the splitting of the Production Sharing Contract (PSC) for Block AA-ON/7 in two parts, to consider separate exploration period of Nagaland part of the Block.Briefing newspersons here on the outcome of the CCEA decisions, Home Minister P Chidambaram said the main objective of the approval is to enable carrying out an Additional Exploration Work Programme in Nagaland portion of the Block...
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courtroom drama between the estranged Ambani brothers intensified on Thursday as the government’s legal representative joined the fray to establish that the government has the final say when it comes to any contracts on the gas from any territory in the country.And RNRL counsel finally agreed that the government should be made a party and not just an intervener in the case.Before wrapping up his argument,...
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Home Industries, which commissioned its cement plant near the city with an annual capacity of 1.30 million tonnes in August, launched a new brand named ‘Maha Shakthi PSC’ on Monday.My Home Industries Chairman and Managing Director J. Rameswar Rao formally launched the new brand made with perfect blend of finest clinker and steel plant blast furnace slag at a function here in the presence of company’s...
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A meeting of the general council of the Kerala Agricultural University (KAU) on Saturday witnessed heated discussion on the issue of bringing appointments in the university under the PSC.Vice-Chancellor K.R. Viswambharan extended support to Agriculture Minister Mullakkara Ratnakaran’s direction that KAU appointments should be brought under the PSC. CPI(M) members opposed the stand, maintaining that...
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general council of the Kerala Agricultural University on Saturday witnessed heated discussion on the issue of bringing appointments in the Kerala Agricultural University under the Public Service Commission.Vice-Chancellor K.R. Viswambharan extended support to Agriculture Minister Mullakkara Ratnakaran’s direction that KAU appointments should be brought under PSC. CPI(M) members opposed the stand, maintaining...
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Adani Welspun Exploration Limited (AWEL), a joint venture between Adani Enterprises and Welspun group, today said it has awarded 3 Dimensional seismic survey contract at its Mumbai offshore block to Western Geco.Western Geco, a Schlumberger Group company, will conduct the survey within one year of signing production sharing contract (PSC) for the entire 1191 sq km block, the compnay said in a statement.The...
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production.Cairn is confident of producing more oil from this block before the expiry of Production Sharing Contract (PSC) primary term in 2019 as it has considerable reserve potential.The Ravva block’s operating cost per barrel at approximately USD 2 per bbl is amongst the lowest in the world.This was made possible through planning, monitoring and innovative application of operating technologies.The...
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Adani Welspun Exploration Limited (AWEL), a joint venture between Adani Enterprises and Welspun group, today said it has awarded 3 Dimensional seismic survey contract at its Mumbai offshore block to Western Geco.Western Geco, a Schlumberger Group company, will conduct the survey within one year of signing production sharing contract (PSC) for the entire 1191 sq km block, the compnay said in a statement.The...
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Putting its productionsharing contract with the government at a much higher pedestal than the familyagreement penned under supervision of mother Kokilaben, Mukesh Ambani's RIL onThursday told the Supreme Court that breach of PSC could result in cancellationof gas exploration contract."If the family agreement, as interpretedby RNRL, was to be given full effect, then it will surely breach the clauses...
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