Reliance Industries Limited (RIL) announced its third successive gas discovery in the exploration block KG-DWN-2003/1 (KG-V-D3) of NELP-V. The deepwater block KG-DWN-2003/1 is located in the Krishna basin, about 45 kilometers off the coast in the Bay of Bengal. The block covers an area of 3288 square kilometers. RIL holds a 90% participating interest (PI) [...]

CNOOC Limited announced that its partner, Husky Oil China Limited (a subsidiary of Husky Energy Inc., “Husky”) had made a new deepwater gas discovery, LiuHua (LH) 34-2, representing another significant breakthrough in the deepwater exploration in the South China sea.
Following Liwan (LW) 3-1, LH 34-2 becomes the second deepwater gas discovery made in the Pearl [...]

Reliance Industries Limited has announced the first oil discovery in the onland exploratory block CB–ONN–2003/1 (CB 10 A&B) awarded under the NELP-V round of exploration bidding. RIL holds 100% participating interest (PI) in this block which is located at a distance of about 130 kms from Ahmedabad in Gujarat in the
Cambay basin. The block covers [...]