Millennium Post

Oil India starts drilling in Gabon, South Africa

Oil India Ltd on thursday said it has started drilling operations in Gabon, South Africa for hydrocarbon exploration.

The beginning of drilling on the first well in Gabon by India's flagship explorer was done on Sunday in the presence of senior officials of OIL and Punj Lloyd Upstream Ltd which has the contract for rig service, OIL said in a release.The onshore block in Shakthi was obtained from the Gabon government for hydrocarbon exploration in April 2006 forming a joint venture with Indian Oil Corporation Ltd (45 per cent) and Marvis (10 per cent) with Singapore Oil (45 per cent) as the operator.As a part of exploration activities aeromagnetic and seismic surveys (2D and 3D) were carried out and two locations were released for drilling in Shakthi Block in December 2011 by Gabon.

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