The Centre has signed contracts with winners of blocks awarded under the Discovered Small Fields (DSF) Bid Round-II. Oil and Natural Gas Corporation (ONGC) has bagged five blocks, while Oil India Limited (OIL) has cornered two blocks in this round.
A joint venture of IndianOil Corporation Limited (IOCL) and Hindustan Oil Exploration Company (HOEC) has won one block.
Private sector awardees
The remaining 15 blocks are private sector awardees, with Ganges Geo Resources Private Limited cornering the lion’s share with five blocks. Vedanta Limited, Arch Softwares Private Limited, Shanti G.D. Ispat and Power Private Limited and Bagadiya Brothers Private Limited have got two blocks each. Read More