Oil And Gas Fields Auction
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Cabinet Approves Auction Of 60 Oil And Gas Fields
The Union Cabinet today approved offering of 60 oil and gas fields of ONGC and OIL in the second auction of Discovered Small Field round.
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Newcomers Tapped To Unlock $7 Billion Oil And Gas Assets, Crucial To PM Modi's Strategy
The awarded blocks will boost India's oil output by as much as 15,000 barrels of oil per day, according to the oil regulator.
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Oil Field Auction Date May Be Extended
Fearing poor response, the government is likely to extend by at least one month the last date of bidding for the auction of 46 small oil and gas fields that were "given-up" by state-owned ONGC and Oil India.
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Government Seeks To Attract More Players For Oil Fields Auction
With global oil giants staying shy of India in past, the government has tweaked terms to attract mainly medium-sized players for the auction of nearly four dozen small oil and gas fields in the first sale in six years.
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Government Seeks Bids For Oil, Gas Fields In First Auction Since 2010
Government is putting up for auction nearly four dozen small oil and gas fields in the first such sale in six years, oil ministry said in a newspaper advertisement on Tuesday.
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India To Launch Auction Of 67 Small Oil, Gas Fields On May 25
India will launch an auction of 67 discovered small oil and gas fields on May 25, the country's upstream regulator Directorate General of Hydrocarbons (DGH) said on Tuesday.
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Ficci Hails Government's Move to Auction Oil & Gas Fields
Sharma also said before the launch of competitive bidding, the industry looks forward to consultative meetings with the Ministry of Petroleum and Natural gas on the terms and incentives to explore these fields.
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In Major Move, Small Oil and Gas Fields to be Auctioned to Private Firms
The government expects private companies to boost output from the areas that hold resources of more than $10 billion.
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Government to Auction 69 Marginal Fields Owned by ONGC, Oil India
Mr Chandra said that the two state explorers would invest $6 billion in exploration and production in the year ending March 2016, as they look to arrest declining oil and gas production.
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ONGC Oil Fields to be Auctioned to Private Firms: Report
The fields will be bid out on the basis of revenue share or the share of oil and gas a bidder offers to the government upfront, and work programme.
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Iran Puts ONGC Discovered Gas Field on Auction List
ONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corp, had in 2008 discovered the Farzad-B gas field in its Farsi exploration block in the Persian Gulf.
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ONGC Videsh to get stake in Myanmar oil and gas block
OVL had bid for two of the 10 shallow-water blocks that Myanmar had auctioned in December but drew a blank when the fields were awarded on March 26.
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NELP: 46 blocks on auction, area grabbed from Reliance Industries included
The government has put on auction the gas discovery area it snatched from Reliance Industries in KG-D6 block and the field that Cairn India is seeking to regain around its Rajasthan block.
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Venugopal Dhoot, US firm eye $4.5 billion gas block sale
Anadarko Petroleum Corp and Indian billionaire Venugopal Dhoot have launched the auction of a 20 per cent stake in a Mozambique gas field that could fetch $4.5 billion, sources familiar with the matter told Reuters.
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Cabinet Approves Auction Of 60 Oil And Gas Fields
The Union Cabinet today approved offering of 60 oil and gas fields of ONGC and OIL in the second auction of Discovered Small Field round.
-
Newcomers Tapped To Unlock $7 Billion Oil And Gas Assets, Crucial To PM Modi's Strategy
The awarded blocks will boost India's oil output by as much as 15,000 barrels of oil per day, according to the oil regulator.
-
Oil Field Auction Date May Be Extended
Fearing poor response, the government is likely to extend by at least one month the last date of bidding for the auction of 46 small oil and gas fields that were "given-up" by state-owned ONGC and Oil India.
-
Government Seeks To Attract More Players For Oil Fields Auction
With global oil giants staying shy of India in past, the government has tweaked terms to attract mainly medium-sized players for the auction of nearly four dozen small oil and gas fields in the first sale in six years.
-
Government Seeks Bids For Oil, Gas Fields In First Auction Since 2010
Government is putting up for auction nearly four dozen small oil and gas fields in the first such sale in six years, oil ministry said in a newspaper advertisement on Tuesday.
-
India To Launch Auction Of 67 Small Oil, Gas Fields On May 25
India will launch an auction of 67 discovered small oil and gas fields on May 25, the country's upstream regulator Directorate General of Hydrocarbons (DGH) said on Tuesday.
-
Ficci Hails Government's Move to Auction Oil & Gas Fields
Sharma also said before the launch of competitive bidding, the industry looks forward to consultative meetings with the Ministry of Petroleum and Natural gas on the terms and incentives to explore these fields.
-
In Major Move, Small Oil and Gas Fields to be Auctioned to Private Firms
The government expects private companies to boost output from the areas that hold resources of more than $10 billion.
-
Government to Auction 69 Marginal Fields Owned by ONGC, Oil India
Mr Chandra said that the two state explorers would invest $6 billion in exploration and production in the year ending March 2016, as they look to arrest declining oil and gas production.
-
ONGC Oil Fields to be Auctioned to Private Firms: Report
The fields will be bid out on the basis of revenue share or the share of oil and gas a bidder offers to the government upfront, and work programme.
-
Iran Puts ONGC Discovered Gas Field on Auction List
ONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corp, had in 2008 discovered the Farzad-B gas field in its Farsi exploration block in the Persian Gulf.
-
ONGC Videsh to get stake in Myanmar oil and gas block
OVL had bid for two of the 10 shallow-water blocks that Myanmar had auctioned in December but drew a blank when the fields were awarded on March 26.
-
NELP: 46 blocks on auction, area grabbed from Reliance Industries included
The government has put on auction the gas discovery area it snatched from Reliance Industries in KG-D6 block and the field that Cairn India is seeking to regain around its Rajasthan block.
-
Venugopal Dhoot, US firm eye $4.5 billion gas block sale
Anadarko Petroleum Corp and Indian billionaire Venugopal Dhoot have launched the auction of a 20 per cent stake in a Mozambique gas field that could fetch $4.5 billion, sources familiar with the matter told Reuters.
