Satpayev Oil Block - Current Affairs Questions and Answers

1)   At which oil block, on 7th July’15 Prime Minister Narendra Modi and Kazakhstan Prime Minister Karim Massimov jointly launched the first exploratory drilling by ONGC Videsh Limited (OVL) and KazMunaiGaz of Kazakhstan?

a. Aktas Oil Block
b. Satpayev Oil Block
c. Dunga Oil Block
d. Kumkol Oil Block
Answer  Explanation 

ANSWER: Satpayev Oil Block

Explanation:
The Satpayev oil block is an offshore field (1582 sq km) in the Northern Caspian Sea, in water depths of 6-8 m. It has a potential reserves estimated at 1.8 billion barrels crude oil and natural gas.