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Back to stories
2 sources1h ago

Sri Lanka opens the Mannar Basin to global explorers: four offshore blocks on offer

Nearly 34,000 km2 of offshore acreage, in waters where gas has already been found, is now open to international energy companies. Bids are expected to close in early 2027. Sri Lanka has opened its offshore waters to international oil and gas explorers for the first time in more than a decade. The Petroleum Development Authority...

Ada Derana Biz•1h ago
By Biz Editor
Read full article

Summary

In 2011 Cairn Lanka's Dorado and Barracuda wells found gas and condensate, the first discoveries in Sri Lanka's history. That is where explorers see the larger prize. Sri Lanka imports all the oil and coal it uses.

Summarised from Ada Derana Biz

What this story is about

People
  • Anura Karunathilaka2
  • Neil DeSilva2
Organisations
  • Petroleum Development Authority of Sri2
  • Central Bank of Sri Lanka2
  • Oil & Gas Journal2
Places
  • Barracuda wells2
  • United States2
  • Mannar Basin2
  • Cairn Lanka2
  • Sri Lanka2
  • Dorado2
  • Mannar2
  • Kuala Lumpur
Keywords
  • explorers2
  • blocks2
  • global2
  • four2
  • offshore
  • offers
  • waters
  • opens

Names and places drawn from every article in this story. The number shows how many of them mentioned it.

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Also reported by

2 newsrooms have reported this story

  • Sri Lanka offers four Mannar Basin blocks to global oil and gas explorersHiru News - English·2h ago
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