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CCEA approves survey project of Un-appraised Areas of Sedimentary Basins
The Cabinet Committee on Economic Affairs (CCEA) has approved survey project to acquire 48,243 Line Kilometer (LKM) 2D seismic data for appraisal of Indian sedimentary basins where limited data is available. Sedimentary basin is a low area in the Earth’s ..
Month: Current Affairs - September, 2017
National Seismic Programme launched in Odisha
The Union Government has launched National Seismic Programme (NSP) to trace hydrocarbon resources like oil and natural gas in Mahanadi basin. It was launched by Union Minister of State (MoS) for Petroleum and Natural Gas at Taranga village under Soro ..
Month: Current Affairs - October, 2016
Union Cabinet approves MFP for Development of Hydrocarbon discoveries
Union Cabinet has approved Marginal Fields Policy (MFP) to aunction small and marginal unexploited hydrocarbon discoveries by state owned oil companies. Decision in this regard was taken by Union Cabinet Meeting chaired by Prime Minister Narendra Modi in New Delhi. Key ..