Indian Essar to join ONGC in Vietnam in oil drilling

[Dr. Sen]

Well oil & gas require massive investments

True that. Lets hope the returns will be even bigger

 

[A$HU]

11 Trillion is nearly 1/3 of world's GDP, and amount which Vietnam earns would earn in 64 years. There is nothing to check here.You have mistook billion for trillion.

It is Rupees Sherlock.

 

[Srinivas]

Unbelievable

India spends more than Vietnam economy per year for oil. The amount specified is from not to 2030 this is a small amount !

 

[Nicky G]

We have the capability. We only need more control over Bangladesh and Sri Lanka. If needed we can take that control over from China.

Dude, you can't even get the Bangladeshis and Sri Lankans to play cricket in your country. How are you ever going to exert any control over them?

China is having their own problems in Sri Lanka, not sure they are in any position to help you out. Nor do they gain anything by helping you out.

Anyway, you are always free to try, though be prepared for Indian response.

 

[Optimos Prime IA]

Essar Oil’s jetty for crude intake and product evacuation

Essar Energy is reportedly planning to start exploration drilling at its blocks in India and Vietnam in September-October this year.

According to India’s business newspaper The Economic Times, the company is hoping to uncover new reserves in order to boost its crude oil production.

The Economic Times quotes Manish Maheshwari, CEO of Exploration and Production at Essar Energy’s oil and gas unit Essar Oil, as saying: “We would be drilling a couple of exploration wells in Mumbai offshore and Vietnam in the fair weather window later this year. Depending on the results of the initial drilling, we will decide how many wells we want to drill.”

According to Essar’s data, the company has 50% interest in one shallow water offshore exploration block MB-OSN-2005/3, near the Mumbai High field in the Mumbai offshore basin, offshore eastern India. India’s Oil and Natural Gas Corp. (ONGC) owns the remaining interest in the block.

“The E&P sector has not seen any activity in India since 2010. We have assets at different stages and have prioritised certain assets. Now the focus is to ramp up production and convert these assets into mature producing properties,” Maheshwari was quoted as saying.

In Vietnam, Essar owns 50% interest in one offshore oil and gas block, and the other 50% was acquired by Italy’s Eni from Essar in July, 2012.

Essar plans to drill off India, Vietnam | Offshore Energy Today

What is Essar?

Lol ... Nice work . Now what ? Will China attack India or Vietnam ?

China underestimating Indo-Vietnam relationship. It's more powerful than Pak-China . Because it done in mutual benefits. Which means it's more productive than the later.

India to invest more than total overall economy of Vietnam.Which will make sure Vietnam get enough money to upgrade it's military.

Russians are arming Vietnam with very lethal submarines , missiles.

Americans are up in arms to lift lethal weapon ban finally .

India is the main player in this design to make other nations to contain China to SCS and so undermining not only the or current capabilities but the future one too . Even today Indian navy heavily armed and future fleet will get very impressive.

War is very near than we expected China will start offense in SCS and will be left to open up another front in Indian borders. So Pakistan will come in to keep India engaged .But twist in the tales this time around US for the first time will be on Indian side and warn Pakistan to stay down or get ready for carpet bombing by us bombers .

nice tale to wait for actual war . Like a trailer

 

[PatriotLover]

Dude, you can't even get the Bangladeshis and Sri Lankans to play cricket in your country. How are you ever going to exert any control over them?

China is having their own problems in Sri Lanka, not sure they are in any position to help you out. Nor do they gain anything by helping you out.

Anyway, you are always free to try, though be prepared for Indian response.

As our economy grows we will soon have control over small nations in S.A as they are all anti Indians. An NATO like force is comeing. I can understand Indian fears.

 

[Mr.Nair]

As our economy grows we will soon have control over small nations in S.A as they are all anti Indians. An NATO like force is comeing. I can understand Indian fears.

who is your english teacher?

 

[Optimos Prime IA]

As our economy grows we will soon have control over small nations in S.A as they are all anti Indians. An NATO like force is comeing. I can understand Indian fears.

Yes .... but its still long way to go. And no one will stop you to invest in other countries if it's profitable than Investing in Pakistan . Amount doesn't matter . But the thing is what you will achieveachieve politically? With small investment ?

As our economy grows we will soon have control over small nations in S.A as they are all anti Indians. An NATO like force is comeing. I can understand Indian fears.

What is that "Control" you are taking about ? No one will be your puppet unless they want to die

 

[Dr. Sen]

What is that "Control" you are taking about ? No one will be your puppet unless they want to die

Do you really expect a pupet state themselves to understand that?

 

[Nicky G]

As our economy grows we will soon have control over small nations in S.A as they are all anti Indians. An NATO like force is comeing. I can understand Indian fears.

Umm.. with 250B, you yourself are a small economy dude, but have fun with your NATO like force.

 

[desimorty]

Dude, you can't even get the Bangladeshis and Sri Lankans to play cricket in your country. How are you ever going to exert any control over them?

China is having their own problems in Sri Lanka, not sure they are in any position to help you out. Nor do they gain anything by helping you out.

Anyway, you are always free to try, though be prepared for Indian response.

Are you an Rtard?
Nations living in the shadow of India are not going to allow military bases of Pakistan or even China or America to be based on their territory to be used to launch attacks on India. That would mean, India annexs these countries and they will not allow it. Hell have good relations, invest in these countries if Pakistan can afford it, send your navy for port visits, but your not gonna get a military base. Just because China invests for a large port, doesn't mean its military use. Infact, it may be used to supply Chinese ships during peace time, but its not a wartime option. Good luck on your wet dreams.

 

[Echo_419]

Do you really expect a pupet state themselves to understand that?

How about Supa Pawn instead of Puppet state

 

[$@rJen]

@pher @Kiss_of_the_Dragon @BuddhaPalm

Yesterday waring from China... today another Indian company has jointed in exploring oil

You guys are really a Paper dragon

 

[East or West India Best]

I beleive that Pakistan should also counter India by investing in Sri Lanka and Bangladesh and make ports there and deploy military assets there. Like that we can surround India. Why should we only let China do that? We can also assist them

पहले पैसे चाहिए।

pela, paise chahe

 

[Kiss_of_the_Dragon]

@pher @Kiss_of_the_Dragon @BuddhaPalm

Yesterday waring from China... today another Indian company has jointed in exploring oil

You guys are really a Paper dragon

Lol what is the big deal about this new, it said nothing to drill oil in our water, if you Indian compagny search inside Vietnamese toilette boundary for oil is a matter of concern for us?