Oil ministry keeps ball rolling for upcoming exploration rounds

Oil ministry keeps ball rolling for upcoming exploration rounds
The ministry of petroleum and natural gas is set to hire a consultant to assist the sector regulator for the upcoming oil and gas bidding rounds under the Open Acreage Licensing (OAL), Discovered Small Fields Bid (DSF) and production enhancement contract (PEC) policies.

The rounds will include scouting for potential bidders including investors, exploration and production players, service companies, start-up firms, private equity and funding institutions across the world.  Read More…
Credit By: Business Standard

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